Presented below is information for Cullumber Company for the month of January 2022.

Cost of goods sold		$276,000		Rent expense		$34,000
Freight-out		7,000		Sales discounts		6,600
Insurance expense		11,700		Sales returns and allowances		9,000
Salaries and wages expense		44,000		Sales revenue		434,000

Prepare a multiple-step income statement. CULLUMBER COMPANY Income Statement For the Year Ended January 31, 2022 $ $ $