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Fit-for-Life Foods reports the following income statement accounts for the year ended December 31. Gain on sale of equipment Office supplies expense Insurance expense Sales

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Fit-for-Life Foods reports the following income statement accounts for the year ended December 31. Gain on sale of equipment Office supplies expense Insurance expense Sales Office salaries expense Rent expense-Selling space Sales staff wages $ 6,260 Depreciation expense-Office copier $ 740 Sales discounts 1,220 Sales returns and allowances 229,000 TV advertising expense 32,200 Interest revenue 10,700 Cost of goods sold 23,400 Sales commission expense 490 16,600 4,100 2,900 710 91,300 12,000 Prepare a multiple-step income statement. FIT-FOR-LIFE FOODS Income Statement For Year Ended December 31 Expenses Selling expenses 2 Expenses Selling expenses 2.85 points 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

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