Part 3: Multistep Income Statement Custom Jewels had the following account balances on December 31, 2019. Use this information to prepare a multistep income statement for Custom Jewels. All gray highlighted boxes need to be completed. Hint: It may be helpful to label each account with its location on the income statement before preparing the statement. Advertising expense Cost of goods sold Gain on sale of building Income tax expense Interest expense Revenue Salaries expense Supplies expense Utilities expense 1,250 87,250 14,500 19,247 3,900 199,000 23,000 1,100 5,350 Custom Jewels Income Statement For the year ended December 31, 2019 Gross profit Operating expenses: Total operating expenses Operating income Other income/expense (nonoperating items): Income before taxes Net income