Presented below is information for Ayayai Company for the month of March 2020. Cost of goods sold Freight-out Insurance expense Salaries and wages expense $220,400 6,890 6,080 58,670 Rent expense Sales discounts Sales returns and allowances Sales revenue $31.250 7,060 13,450 385,700 (a) Prepare a multiple-step income statement. (Enter negative amounts using either a negative sign preceding the number e.g.-4 parentheses e.g. (45).) AYAYAI COMPANY Income Statement >> A