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In its income statement for the year ended December 31, 2025, Blossom Company reported the following condensed data. Salaries and wages expenses Cost of goods
In its income statement for the year ended December 31, 2025, Blossom Company reported the following condensed data. Salaries and wages expenses Cost of goods sold Interest expense Interest revenue Depreciation expense (a) $474,300 876,040 72,420 66,300 316,200 Loss on disposal of plant assets Sales revenue Income tax expense Sales discounts Utilities expense Prepare a multiple-step income statement. (List other revenues before other expenses.) BLOSSOM COMPANY Income Statement $66,300 2,154,200 21,420 163,200 112,200
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