M6-13 (Algo) Preparing a Multistep Income Statement [LO 6-6] Sellall Department Stores reported the following amounts as of its December 31 year-end: Administrative Expenses, $3,000, Cost of Goods Sold, $25,920; Income Tax Expense, $3,370; Interest Expense. $1,700; Interest Revenue, $220; General Expenses, $3,200; Net Sales, $43,440; and Delivery (freight-out) Expense, $360. Prepare a multistep income statement for distribution to external financial statement users. SELLALL DEPARTMENT STORES Income Statement For the Year Ended December 31