mework Seved Exercise 4-15 Preparing a multiple-step income statement LO P4 Fit-for-Life Foods reports the following income statement accounts for the year ended December 31 Gain on sale of equipment office supplies expense Insurance expense Sales ottice salaries expense Hent expense-Selling space sales staff wages $ 6.250 Depreciation expense-oftice copiers 500 700 Sales discounts 16.000 1.300 Sales returns and allowances 4.000 220,000 TV advertising expense 2.000 32,500 Interest revenue 750 10,000 Cost of goods sold 90.000 23,000 Sales commission expense 13,000 Prepare a multiple-step Income statement. FIT-FOR-LIFE FOODS Income Statement For Year Ended December 31 EUR $ A 3 5 6 7 8 9 0 E R. T Y U 0 S D F G . 4 Homework Saved 1 Expenses Selling expenses 3:21:55 Book Total selling expenses General and administrative expenses Hint 5 Print Herences Total general and administrative expenses Total expenses Other revenues, gains, expenses & losses Total other revenues, gain, expenses &losses Me Graw Hi 588 A $ 4 % 5 & 7 * 8 3 6 9 W E R. . Y S DF G H K K