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Presented below is information for Monty Corp. for the month of January 2022. Cost of goods sold $230,156 Rent expense $32,000 Freight-out 6,000 Sales

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Presented below is information for Monty Corp. for the month of January 2022. Cost of goods sold $230,156 Rent expense $32,000 Freight-out 6,000 Sales discounts 8,000 Insurance expense 11,000 Sales returns and allowances 19,000 Salaries and wages expense $7,000 Sales revenue 380,000 (a) Prepare a multiple-step income statement. (If there is a net loss then enter the amount using either a negative sign preceding the number eg.-45 or parentheses eg. (45).) Monty Corp. Income Statement $

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