Multi-step Income Statement from the following accounts, listed in alphabetical order, prepare a multi- step income statement for Karlman Distributors for the year ended December 31. All accounts have normal balances. Selling, General and Administrative Expense 186,900 Cost of Goods Sold $330,900 Interest Expense 3,900 Sales Revenue 550,900 Income Tax Expense 10,900 Note: Do not use negative signs with any of your answers. KARLMAN DISTRIBUTERS Income Statement For the Year Ended December 31 $ 0 44 olo o Gross Profit on Sales Operating Expenses Oo Income from Operations Other Income and Expense 0 Income before Income Taxes 0 0 Net Income $ 0