Multi-Step Income Statement. Use the following information to prepare a multi-step income statement, for the Acorn and Nut Company, for the end of the fiscal period December 31, 2016. Net Sales 100,000 General and Admin Ex 6,000 Dividend Income 8,750 Interest Expense 6,250 Costs of Goods Sold 37,750 Income Taxes Ex 19,500 Selling Expenses 10,000