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Presented below is information for Annie Company for the month of March 2015. cost of goods sold $245,000 freight out $7,000 insurance expense $5,000 salaries

Presented below is information for Annie Company for the month of March 2015.

cost of goods sold $245,000

freight out $7,000

insurance expense $5,000

salaries and wages expense $63,000

rent expense $36,000

sales discounts $8,000

sales returns and allowances $11,000

sales revenue $410,000

A. prepare a multi-step income statement.

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