Presented below is information for Ayayai Company for the month of March 2020.

Cost of goods sold		$220,400		Rent expense		$31,250
Freight-out		6,890		Sales discounts		7,060
Insurance expense		6,080		Sales returns and allowances		13,450
Salaries and wages expense		58,670		Sales revenue		385,700

Prepare a multiple-step income statement. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)