Prepare the budgeted multiple-step income statement for the first 6 months. (Round intermediate calculations to 2 decimal places and final answer to O decimal places, e.g. 1,255.) IVANHOE FARM SUPPLY COMPANY Budgeted Income Statement June 30, 2020 Cost of Goods Sold Sales Cost of Goods Sold Cost of Goods Sold Income Before Income Tax Operating Expenses Total Operating Expenses Income Tax Expense Selling and Administrative Expenses Purchases Beginning Inventory Income from Operations Gross Profit Interest Expense Net Income (Loss) Sales Ending Inventory $ $