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Part II- Multiple-Step Income Statement (40 points) 31. Beasley, Inc. reports the following amounts in its December 31, 2020, income statement. Sales revenue Interest expense

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Part II- Multiple-Step Income Statement (40 points) 31. Beasley, Inc. reports the following amounts in its December 31, 2020, income statement. Sales revenue Interest expense Salaries expense Utilities expense $300,000 12,000 35,000 41,000 Income tax expense Cost of goods sold Advertising expense $38,000 125,000 24,000 Prepare a multiple-step income statement. 25,000

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