Kimmel, Financial Accounting, 8e Help I RCES Exercise 5-6 Presented below is information for Sandhill Co. for the month of January 2017. Cost of goods sold Freight-out Insurance expense Salaries and wages expense60,800 Sales revenue Income tax expense $207,300 Rent expense $34,200 8,600 19,600 400,000 5,300 other comprehensive income (net of $400 tax) 2,000 9,300 Sales discounts 14,400 Sales returns and allowances udy Prepare an income statement using the multi-step format. SANDHILL CO Income Statement