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E5.12 (LO 4), AP The following selected accounts from the Blue Door Corporation's general ledger are presented below for the year ended December 31, 2022:

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E5.12 (LO 4), AP The following selected accounts from the Blue Door Corporation's general ledger are presented below for the year ended December 31, 2022: Prepare a multiple-step income statement. $ Advertising expense Common stock Cost of goods sold Depreciation expense Dividends Freight-out Income tax expense Insurance expense Interest expense $ 55,000 250,000 1,085,000 125,000 150,000 25,000 70,000 15,000 70,000 Interest revenue Inventory Rent revenue Retained earnings Salaries and wages expense Sales discounts Sales returns and allowances 30,000 67,000 24,000 535,000 675,000 8,500 41,000 Sales revenue 2,400,000

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