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 Cost of Goods Sold Interest Expense Sales Revenue Income Tax Expense 186,100 S330,100 3,100 550,100 10,100 KARLMAN DISTRIBUTERS Income Statement For the Year Ended December 31 Gross Profit on sales Operating Expenses Income from Operations Other Income and Expense Income before Income Taxes Net Income