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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 $ 6,240 Depreciation expense-Office copier $ 500 730 Sales discounts 16,200 1,400 Sales returns and allowances 3,800 212,000 TV advertising expense 2,600 32,800 Interest revenue 640 10,500 Cost of goods sold 91,800 22,400 Sales commission expense 13,900 Prepare a multiple-step income statement. FIT-FOR-LIFE FOODS Income Statement For Year Ended December 31 Expenses Selling expenses 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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