Presented below is information for Cullumber Company for the month of January 2017. $201,500 Rent expense Cost of goods sold Freight-out Insurance expense Salaries and wages expense Income tax expense 6,300 Sales discounts 13,400 Sales returns and allowances 61,200 Sales revenue $33,900 10,000 17,000 400,000 4,400 Other comprehensive income (net of $400 tax) 2,000 Prepare an income statement using the multi-step format. CULLUMBER COMPANY Income Statement