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Fit-for-Life Foods reports the following income statement accounts for the year ended December 31. 5 nts Gain on sale of equipment Office supplies expense Insurance

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Fit-for-Life Foods reports the following income statement accounts for the year ended December 31. 5 nts Gain on sale of equipment Office supplies expense Insurance expense Sales Office salaries expense Rent expense-Selling space Sales staff wages $ 6,250 Depreciation expense-Office copier $ 420 790 Sales discounts 15,200 1,240 Sales returns and allowances 3,900 225,000 TV advertising expense 3,000 32,100 Interest revenue 660 10,500 Cost of goods sold 88,800 22,400 Sales commission expense 13,600 eBook Prepare a multiple-step income statement. Hint FIT-FOR-LIFE FOODS Income Statement For Year Ended December 31 Print Sales $ 225,000

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