Lambert Department Store is located in midtown Metropolis. During the past several years, net income has been declining because suburban shopping centers have been attracting business away from city areas. At the end of the companys fiscal year on November 30, 2014, these accounts appeared in its adjusted trial balance.

Accounts Payable		$ 26,800
Accounts Receivable		17,200
Accumulated DepreciationEquipment		68,000
Cash		8,000
Common Stock		35,000
Cost of Goods Sold		614,300
Freight-Out		6,200
Equipment		157,000
Depreciation Expense		13,500
Dividends		12,000
Gain on Disposal of Plant Assets		2,000
Income Tax Expense		10,000
Insurance Expense		9,000
Interest Expense		5,000
Inventory		26,200
Notes Payable		43,500
Prepaid Insurance		6,000
Advertising Expense		33,500
Rent Expense		34,000
Retained Earnings		14,200
Salaries and Wages Expense		117,000
Sales Revenue		904,000
Salaries and Wages Payable		6,000
Sales Returns and Allowances		20,000
Utilities Expense		10,600

Prepare a multiple-step income statement