M6-13 (Algo) Preparing a Multistep Income Statement [LO 6-6] Seliall Department Stores reported the following amounts as of its December 31 year-end: Administrative Expenses, $3,100; Cost of Goods Sold, \$26,460; Income Tax Expense, $3,420; Interest Expense, \$1,700; Interest Revenue, $220;;eneral Expenses, $3,300; Net Sales, $44,345; and Delivery (freight-out) Expense, $370. Prepare a multistep income statement for distribution to external financial statement users