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		$ 75,800
Accounts Receivable		49,400
Accumulated DepreciationEquipment		197,200
Cash		23,200
Common Stock		101,500
Cost of Goods Sold		1,768,470
Freight-Out		18,780
Equipment		460,970
Depreciation Expense		40,300
Dividends		34,800
Gain on Disposal of Plant Assets		5,800
Income Tax Expense		29,000
Insurance Expense		26,100
Interest Expense		14,500
Inventory		75,500
Notes Payable		126,150
Prepaid Insurance		17,400
Advertising Expense		97,150
Rent Expense		98,600
Retained Earnings		40,700
Salaries and Wages Expense		344,080
Sales Revenue		2,621,000
Salaries and Wages Payable		17,400
Sales Returns and Allowances		58,000
Utilities Expense		29,300

Additional data: Notes payable are due in 2026.

(a1)

Prepare a multiple-step income statement. (List other revenues before other expenses.)

CULLUMBER DEPARTMENT STORE Income Statement choose the accounting period For the Month Ended November 30, 2022For the Year Ended November 30, 2022November 30, 2022
Select an opening name for section one DividendsNet Income / (Loss)Retained Earnings, December 1, 2011Retained Earnings, November 30, 2012SalesTotal RevenuesNet SalesGross ProfitOperating ExpensesTotal Operating ExpensesIncome From OperationsOther Revenues and GainsOther Expenses and LossesIncome Before Income Taxes
Enter an income statement item					$Enter a dollar amount
Select between addition and deduction AddLess: Select an income statement item					Enter a dollar amount
Select a closing name for section one DividendsNet Income / (Loss)Retained Earnings, December 1, 2011Retained Earnings, November 30, 2012SalesTotal RevenuesNet SalesGross ProfitOperating ExpensesTotal Operating ExpensesIncome From OperationsOther Revenues and GainsOther Expenses and LossesIncome Before Income Taxes					Enter a total amount for section one
Enter an income statement item					Enter a dollar amount
Select a summarizing line for the first part DividendsNet Income / (Loss)Retained Earnings, December 1, 2011Retained Earnings, November 30, 2012SalesTotal RevenuesNet SalesGross ProfitOperating ExpensesTotal Operating ExpensesIncome From OperationsOther Revenues and GainsOther Expenses and LossesIncome Before Income Taxes					Enter a total amount for the first part
Select an opening name for section two DividendsNet Income / (Loss)Retained Earnings, December 1, 2011Retained Earnings, November 30, 2012SalesTotal RevenuesNet SalesGross ProfitOperating ExpensesTotal Operating ExpensesIncome From OperationsOther Revenues and GainsOther Expenses and LossesIncome Before Income Taxes
Enter an income statement item			$Enter a dollar amount
Enter an income statement item			Enter a dollar amount
Enter an income statement item			Enter a dollar amount
Enter an income statement item			Enter a dollar amount
Enter an income statement item			Enter a dollar amount
Enter an income statement item			Enter a dollar amount
Enter an income statement item			Enter a dollar amount
Select a closing name for section two DividendsNet Income / (Loss)Retained Earnings, December 1, 2011Retained Earnings, November 30, 2012SalesTotal RevenuesNet SalesGross ProfitOperating ExpensesTotal Operating ExpensesIncome From OperationsOther Revenues and GainsOther Expenses and LossesIncome Before Income Taxes					Enter a total amount for section two
select a summarizing line for the second part DividendsNet Income / (Loss)Retained Earnings, December 1, 2011Retained Earnings, November 30, 2012SalesTotal RevenuesNet SalesGross ProfitOperating ExpensesTotal Operating ExpensesIncome From OperationsOther Revenues and GainsOther Expenses and LossesIncome Before Income Taxes					Enter a total amount for the second part
Select an opening name for section three DividendsNet Income / (Loss)Retained Earnings, December 1, 2011Retained Earnings, November 30, 2012SalesTotal RevenuesNet SalesGross ProfitOperating ExpensesTotal Operating ExpensesIncome From OperationsOther Revenues and GainsOther Expenses and LossesIncome Before Income Taxes
Enter an income statement item					Enter a dollar amount
Select an opening name for section four DividendsNet Income / (Loss)Retained Earnings, December 1, 2011Retained Earnings, November 30, 2012SalesTotal RevenuesNet SalesGross ProfitOperating ExpensesTotal Operating ExpensesIncome From OperationsOther Revenues and GainsOther Expenses and LossesIncome Before Income Taxes
Enter an income statement item					Enter a dollar amount
Select a summarizing line for the third part DividendsExpensesNet Income / (Loss)Retained Earnings, December 1, 2011Retained Earnings, November 30, 2012SalesTotal ExpensesTotal RevenuesNet SalesGross ProfitOperating ExpensesTotal Operating ExpensesIncome From OperationsOther Revenues and GainsOther Expenses and LossesIncome Before Income Taxes					Enter a total amount for all three parts
Enter an income statement item