Exercise 4-13 The following balances were taken from the books of Bramble Limited on December 31, 2017: Interest income 383,000 Accumulated depreciationment $40,000 Cash 48,000 Accumulated depreciation-baldings 28,000 Nales revenue 1.420,000 Notes receivable 144,000 Accounts receivable 140,000 Selling expenses 192,000 Prepaid insurance 20,000 Accounts payable 177,000 Sales returns and allowances 140,000 Bonds payable 100,000 Allowance for doubtful accounts 7,000 Administrative expenses 94,000 Sales discounts 46,000 Accrued liabilities 31,000 Land 100,000 Interest expense 40,000 Equipment 700,000 Notes payable 100,000 Building 130,000 Loss other due to storm damage) 140,000 Cost of goods sold 615,000 Depreciation expense 40,000 Assume the total effective tax rate on all items is 35% Prepare a multiple step income statement showing expenses by function. Assume that 150.000 .common shares were outstanding during the year. Include calcation of sound pershane decimal places, eg. 52.74.)