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Question 3 of 3 - 12 Concord Department Store is located in midtown Metropolis. During the past several years, net income has been declining because suburban shopping centers have been attracting business away from city areas. At the end of the company's fiscal year on November 30, 2022, its accounting records included the following accounts and adjusted balances. Accounts Payable $ 23,584 Accounts Receivable 15.136 Accumulated Depreciation-Equipment 59,840 Advertising Expense 29.480 Cash 7.040 Common Stock 30,800 Cost of Goods Sold 540,584 Freight-Out 5,456 Equipment 138,160 Depreciation Expense 11,880 Dividends 10,560 Gain on Disposal of Plant Assets 1,760 Income Tax Expense 3,800 Insurance Expense 7.920 Interest Expense 4,400 MacBook Air 80 DI DD @ $ education.miley.com Chapter 2 & 6 - Homework for Marks NWP AmecumTiant Player Ul Application - Chapter 2 & 6 - Homework for Marks Question 3 of 3 -12 Interest Expense 4,400 Inventory 23,056 Notes Payable 38,280 Prepaid Insurance 5,280 Rent Expense 29.920 Retained Earnings 12.496 Salaries and Wages Expense 102 960 S Salaries and Wages Payable 5,280 Sales Returns and Allowances 17,600 Sales Revenue 795,520 Utilities Expense 9.328 Additional data: Notes payable are due in 2026. (a1) Prepare a multiple-step income statement. (List other revenues before other expenses. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) MacBook Air