Complete a multi-step income statement, in good form.

Ferflow Company Trial Balance January 31, 2017 Credit Debit 1,000 14,600 4,050 400 42,900 19,850 10,000 5,000 27,000 2,200 111,950 Cash Merchandise inventory Store supplies Prepaid insurance Store equipment Accumulated depreciation - store equipment Accounts payable Common stock Retained earnings Dividends Sales Sales discounts Sales returns and allowances Cost of goods sold Depreciation expense - store equipment Salaries expense - salespeople Salaries expense - administrative Insurance expense Rent expense - store Rent expense - administrative offices Store supplies expense Advertising expense Totals 2,000 2,200 36,300 4,600 15,000 20,000 2,000 9,000 6,000 1,750 9,800 173,800 173,800