Cullumber 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 companys fiscal year on November 30, 2022, these accounts appeared in its adjusted trial balance.

Accounts Payable		$ 18,600
Accounts Receivable		12,000
Accumulated DepreciationEquipment		47,600
Cash		5,600
Common Stock		24,500
Cost of Goods Sold		427,800
Freight-Out		4,790
Equipment		111,550
Depreciation Expense		9,500
Dividends		8,400
Gain on Disposal of Plant Assets		1,400
Income Tax Expense		7,000
Insurance Expense		6,300
Interest Expense		3,500
Inventory		18,300
Notes Payable		30,450
Prepaid Insurance		4,200
Advertising Expense		23,450
Rent Expense		23,800
Retained Earnings		9,900
Salaries and Wages Expense		83,160
Sales Revenue		633,800
Salaries and Wages Payable		4,200
Sales Returns and Allowances		13,800
Utilities Expense		7,300

Question 3 of 3 -/5 E (a1) Prepare a multiple-step income statement. (List other revenues before other expenses.) CULLUMBER DEPARTMENT STORE Income Statement $ Question 3 of 3