Presented below is information for Blossom Company for the month of January 2017. Cost of goods sold $200,000 Rent expense $32,000 Freight-out 6,000 Sales discounts 8,000 Insurance expense 12,000 Sales returns and allowances 17,000 Salaries and wages expense 60,000 Sales revenue 390.000 Other comprehensive income (net of $400 tax) Income tax expense 4,000 2000 Prepare anincome statement using the multi-step format. BLOSSOM COMPANY Income Statement