Comprehensive Income statement

Presented below is information for Crane Company for the month of January 2017 $214,200 Rent expense $33,600 Cost of goods sold Freight-out Insurance expense Salaries and wages expense 9,800 Sales discounts Sales returns and allowances 62,500 12,500 19,000 Sales revenue 397,000 Income tax expense 4,800 Other comprehensive income (net of $400 tax) 2,000 Correct answer. Your answer is correct. Prepare an income statement using the multi-step format. CRANE COMPANY Income Statement Entry field with correct answerFor the Month Ended January 31, 2017 Entry field with correct answerSales Entry field with correct answerSales Revenue SEntry field with correct answer 397000 Entry field with correct a Entry field with correct answerSales Returns and Allowances SEntry field with correct answer 19000 Entry field with correct answerSales Discounts Entry field with correct answer 8200 Entry field with correct answer 27200 Entry field with correct answerNet Sales Entry field with correct answer 369800 Entry field with correct answerCost of Goods Sold Entry field with correct answer 214200 Entry field with correct answerGross Profit Entry field with correct answer 155600 Entry field with correct a Entry field with correct answerSaes and Wages Expense Entry field with correct answer 62500 Entry field with correct answerRent Expense Entry field with correct answer 33600 Entry field with correct answerinsurance Expense Entry field with correct answer 12500 Entry field with correct answerFreight-Out Entry field with correct answer 9800 Entry field with correct answerTotal Operating Expenses Entry field with correct answer 118400 Entry field with correct answerlncome Before Income Taxes Entry field with correct answer 37200 Entry field with correct answerlncome Tax Expense Entry field with correct answer 4800 Entry field with correct answerNet Income / (Loss) $Entry field with correct answer 32400 erating Expenses Attempts: 1 of 2 used