Exercise 5-8 In its income statement for the year ended December 31, 2017, Cullumber Company reported the following condensed data Loss on disposal of plant assets Salaries and wages expenses Cost of goods sold Interest expense Interest revenue Depreciation expense 141,950 3,757,000 42,500 272,000 187,000 $790,500 1,677,900 Sales revenue 120,700 Income tax expense 110,500 Sals discounts 527,000 Utilities expense Your answer is partially correct. Try again. Prepare a multiple-step income statement. (List other revenues before other expenses. CULLUMBER COMPANY Income Statement For the Year Ended December 31, 2017 Sales Sales Revenue 3757000 Less $ 1Sales Discounts 272000 Net Sales 3485000