Harris Company had the following account balances for the current year. Prepare a multiple-step income statement. Accounts Receivable $ 52,100 Cost of Goods Sold 47,500 Dividends 17,900 General and Administrative Expenses 9,600 Prepaid Insurance 22,600 Sales 107,300 Sales Discounts 2,700 Sales Returns and Allowances 3,600 Selling Expenses 7,900 Harris Company Income Statement For Year Ended, December 31 Revenues: Sales $ 107,300 Sales Discounts $ 2,700 Sales Returns and Allowances $ 3,600 Net Sales $ 101,000 Cost of Goods Sold A $ 47,500 Gross Profit 53,500 Operating Expenses: General and Administrative Expenses $ 9,600 Selling Expenses $ 7,900 Total Operating Expenses 17,500 Net Income $ 36,000