k nces $ 480 15,700 3,900 2,200 600 89,000 13,000 Exercise 4-18 (Algo) Preparing a multiple-step income statement LO P4 Fit-for-Life Foods reports the following income statement accounts for the year ended December 31. Gain on sale of equipment Office supplies expense Insurance expense Sales Office salaries expense Rent expense-Selling space Sales salaries expense Prepare a multiple-step income statement. $ 6,320 Depreciation expense-Office copier 760 Sales discounts 1,370 Sales returns and allowances 217,000 TV advertising expense 31,300 Interest revenue 10,300 Cost of goods sold 23,100 Sales commission expense FIT-FOR-LIFE FOODS Income Statement For Year Ended December 31 Expenses Selling expenses 11 33 ints eBook Hint Expenses Selling expenses Ask: Total selling expenses General and administrative expenses Print References Total general and administrative expenses Total expenses Other revenues, gains, expenses & losses Total other revenues, gains, expenses & losses