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Listed below are selected account balances KC Company, as of December 31, 2020 Cash $127,197 Accounts Payable $34,298 Rent Expense $34,100 Inventory $42,707 Cost of

Listed below are selected account balances KC Company, as of December 31, 2020
Cash $127,197
Accounts Payable $34,298
Rent Expense $34,100
Inventory $42,707
Cost of Goods Sold $215,062
Notes Payable $14,000
Sales Revenue $517,000
Accounts Receivable $47,000
Bonds Payable $100,000
Contributed Capital ???
Depreciation Expense 37,000
Wages Expense $44,972
Equipment $525,000
Interest Expense $8,000
Land $350,000
Advertising Expense $17,500
Retained Earnings $225,000
Dividends Paid $25,000
Utilities Expense $900

How to create a multi step Income Statement for KC Company for the year ended 2020 ?

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