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In its income statement for the year ended December 31, 2024, Sandhill Company reported the following condensed data. Operating expenses $712,500 Interest revenue 26,500

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In its income statement for the year ended December 31, 2024, Sandhill Company reported the following condensed data. Operating expenses $712,500 Interest revenue 26,500 Cost of goods sold 1,290,000 Loss on disposal of plant assets 17,200 Interest expense 71,400 Net sales 2,220,000 Prepare a multiple-step income statement. (List Other Revenues before Other Expenses.) SANDHILL COMPANY Income Statement < < > < > > < +A +A +A +A

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