Multistep Income Statement

A single-step income statement follows.

Nomar Parra Company
Income Statement
For the Year Ended December 31, 2014
Revenues:
Net sales	$1,197,132
Interest income	5,720
Total revenues	$1,202,852
Costs and expenses:
Cost of goods sold	$777,080
Selling expenses	203,740
General and administrative expenses	100,688
Interest expense	13,560
Total costs and expenses	1,095,068
Income before income taxes	$107,784
Income tax expense	11,640
Net income	$96,144

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Present the information in a multistep income statement.

Nomar Parra Company
Income Statement
For the Year Ended December 31, 2014
	$
Gross margin	$
Operating expenses
	$
Total operating expenses
Income from operations	$
Other revenues and expenses:
	$
	$
	$