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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 $ 6,220 Depreciation expense-office copier $ 760 Sales discounts 1,330 Sales returns and allowances 229,000 TV advertising expense 31, 200 Interest revenue 10, 300 Cost of goods sold 22,800 Sales commission expense 550 16,500 4,100 2,000 640 89,800 12,400 Prepare a multiple-step income statement. FIT-FOR-LIFE FOODS Income Statement For Year Ended December 31 0 0 0 Expenses Selling expenses Dron 1413 Nort Expenses Selling expenses 0 Total selling expenses General and administrative expenses 0 Total general and administrative expenses Total expenses 0 0 Other revenues, gains, expenses & losses Total other revenues, gains, expenses & losses 0

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