Presented below is information for Furlow Company for the month of March 2017. Prepare a multiple-step income statement

Presented below is information for Furlow Company for the month of March 2017. Cost of goods sold Freight-out Insurance expense Salaries and wages expense $231,350 7,400 6,070 56,340 Rent expense Sales discounts Sales returns and allowances Sales revenue $33,520 7,800 13,120 393,540 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). )