Help:

Two accountants for the firm of Elwes and Wright are arguing about the merits of presenting an income statement in a multiple-step versus a single-step format. The discussion involves the following 2014 information related to P. Bride Company ($000 omitted).

Administrative expense
Officers' salaries		$5,433
Depreciation of office furniture and equipment		4,493
Cost of goods sold		61,103
Rent revenue		17,763
Selling expense
Delivery expense		3,223
Sales commissions		8,513
Depreciation of sales equipment		7,013
Sales revenue		97,033
Income tax		9,603
Interest expense		2,393

Common shares outstanding for 2014 total 40,660 (000 omitted).

Here are the possible accounts: Accumulated Depreciation-Equipment Administrative Expenses Bad Debt Expense Cost of Goods Sold Delivery Expense Depreciation Expense Dividend Revenue Entertainment Expense Equipment Extraordinary ItemCasualty loss Extraordinary ItemGain on Sale of Plant Extraordinary Item-Loss from Earthquake Damage Gain on Disposal of Land Income Tax Expense Interest Expense Interest Revenue Maintenance and Repairs Expense Miscellaneous Selling Expenses Mortgage Payable Office Expense Other Administrative Expenses Property Tax Expense Rent Revenue Salaries and Wages Expense Salaries and Wages Payable Sales Commission Sales Discounts Sales Returns and Allowances Sales Revenue Selling Expenses Supplies Supplies Expenses Telephone and Internet Expense Travel Expense