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Deloy Company gathered the following condensed data for the year ended December 31, 2016(4 marks) Cost of goods sold $ 690,000 Net sales 1,250,000 Administrative

Deloy Company gathered the following condensed data for the year ended December 31, 2016(4 marks)

Cost of goods sold $ 690,000

Net sales 1,250,000

Administrative expenses 234,000

Interest expense 58,000

Dividend revenue 38,000

Loss from employee strike 233,000

Selling expenses 45,000

You are required to prepare multi step income statement for the year ended December 31, 2016.

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