Multiple-Step Income Statement Lakas Company reported the following items related to sales of goods to customers for the current year: sales revenue of $425,000 and cost of goods sold of $178,400. Cooper also reported $620 of interest income, $850 of interest expense, $66,100 of wages expense, $11,590 of depreciation expense, $13,122 of supplies expense, $35,910 of rent expense, $8,800 of miscellaneous expense, and $23,200 of income taxes expense. Required: Prepare a multiple-step income statement for Cooper. Lakas Company Income Statement For the year ending December 31 Net sales Cost of goods sold Gross margin Operating expenses: Wages expense Rent expense Supplies expense Depreciation expense Miscellaneous expense Total operating expenses Income from operations Other income and expenses: Interest income Interest expense Total other income and expenses Income before taxes Income taxes expense Net income X x x x x x x 0000-00 X