multistep income statement

The following selected information is presented for Bramble Limited for the year ended February 28, 2021. Bramble uses a periodic inventory system Accounts receivable $27.300 Inventory, Mar. 1, 2020 $45.880 Administrative expenses 101.560 Inventory, Feb. 28, 2021 66,640 Common shares 71.400 Purchase discounts 32,760 Deferred revenue 3,780 Purchase returns and allowances 17.480 Dividends declared 35,280 Purchases 229,320 Freight in 7.100 Sales 329,880 Income tax expense 7,820 Selling expenses 7.640 Interest expense 6,560 a) Prepare a multiple-step statement of income BRAMBLE LIMITED Statement of Income Year Ended Pobra 28, 2021 $ $ Prepare a multiple step statement of income. BRAMBLE LIMITED Statement of Income Year Ended February 28, 2021 $ Operating expenses Total operating expenses Loss Inventory ending Income from operations Cost of goods available for sale Gross profit Other income and expenses Inventory beginning Net income Net sales Cost of goods purchased Net purchases Income before income tax