Multiple-Step Income Statement The following income statement for Curbstone Company was prepared for the year ended August 31, 2015: Curbstone Company Income Statement For the Year Ended August 31, 2045 Sales $8,595,000 Cost of goods sold (6,110,000) Operating income $2,485,000 Expenses: Selling expenses $800,000 Administrative expenses 575,000 Delivery expense $425,000 Total expenses (1,800,000) $685,000 Other expense: Interest revenue 45,000 Gross profit $640,000 The income statement above contains errors. Prepare a corrected multi-step income statement