Kingbridge Range Company has sales in 2022 of 2,650,000. During the year the company had $50,000 in sales returns and $30,000 in sales discounts. The cost of these sales was $1,800,000. Operating expenses excluding salaries and wages were $150,000, and salaries and wages incurred during the year were $300,000. Kingbridge uses a perpetual inventory system. Prepare a multiple-step income statement for Kingbridge Range company for the year ended on december 31, 2022