Exercise 6-2B Prepare a multiple-step income statement (LO6-2) A company reports the following amounts in its December 31, Year 1, income statement. Sales revenue Interest expense Salaries expense Utilities expense $348,000 Income tax expense 14,000 Cost of goods sold 34,000 Advertising expense 44,000 $ 44,000 124,000 24,000 Prepare a multiple-step income statement. Multiple-step Income Statement For the year ended December 31, Year 1 Sales revenue Cost of goods sold Sales revenue 0 nces Total operating expenses Operating income