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Please help with question 1: Construct a multi-step income statement using the data provided. Net Sales: 240,000$ Cost of Goods Sold: 120,000 Wages Expense: 70,000

Please help with question 1: Construct a multi-step income statement using the data provided.

Net Sales: 240,000$

Cost of Goods Sold: 120,000

Wages Expense: 70,000

Transportation Out: 5,000

Marketing Expense: 15,000

Interest Expense: 5,000

Income Tax Expense: 10,000

Gain on sale of land: 8,000

Construct a multi-step income statement using the data provided

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