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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$6,250Depreciation expenseOffice copier$420Office supplies expense790Sales discounts15,200Insurance expense1,240Sales

Fit-for-Life Foods reports the following income statement accounts for the year ended December 31.

Gain on sale of equipment$6,250Depreciation expenseOffice copier$420Office supplies expense790Sales discounts15,200Insurance expense1,240Sales returns and allowances3,900Sales225,000TV advertising expense3,000Office salaries expense32,100Interest revenue660Rent expenseSelling space10,500Cost of goods sold88,800Sales staff wages22,400Sales commission expense13,600

multiple-step income statement.

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