Prepare the income statement, thank you :)!

Required information CP6-5 (Algo) Preparing a Multistep Income Statement and Computing the Gross Profit Percentage [LO 6- 6) [The following information applies to the questions displayed below) Psymon Company, Incorporated, sells construction equipment. The annual fiscal period ends on December 31. The following adjusted trial balance was created from the general ledger accounts on December 31 Account Titles Debits Credits Cash $ 46,220 Accounts Receivable 19,600 Inventory 71,00 Property and Equipment 54,000 Accumulated Depreciation $ 22,700 Accounts Payable 32,800 Common Stock 98,000 Retained Earnings, January 1 12,400 Sales Revenue 183,800 Cost of Goods Sold 107,600 Salaries and Wages Expanse 18,600 office Expense 19,600 Interest Expense 2,400 Income Tax Expense 10 680 Totals $ 349,700 349,200 Required: 1. Prepare a multistep income statement that would be used for external reporting purposes. TIP. Some of the accounts listed will appear on the balance sheet rather than the income statement PSYMON COMPANY, INCORPORATED Income Statement 0