Exercise 5-15 Preparing a multi-step income statement LO P4 Fit-for-Life Foods reports the following income statement accounts for the year ended December 31 $ 400 Gain on sale of equipment Office supplies expense Insurance expense Sales Office salaries expense Rent expense Selling space Sales staff wages $ 6,290 Depreciation expense-Office copier 660 Sales discounts 1,390 Sales returns and allowances 212,000 TV advertising expense 31,500 Interest revenue 10,509 Cost of goods sold 23,200 Sales commission expense 16,200 3,988 2,180 600 88,500 13,789 Expenses Selling expenses Total selling expenses General and administrative expenses Total general and administrative expenses Total expenses Other revenues, gains expenses & losses Total other revenues, gains, expenses & losses