Presented below is information for Oriole Company for the month of January 2017 Cost of goods sold Freight-out Insurance expense Salaries and wages expense Income tax expense $218,200 9,600 13,100 62,800 4,800 Rent expense Sales discounts Sales returns and allowances Sales revenue Other comprehensive income (net of $400 tax) $34,600 10,000 19,400 396,000 2,000 Prepare an income statement using the multi-step format. ORIOLE COMPANY Income Statement For the Month Ended January 31, 2017 Ses Sales Revenue 39400 Less Sales Discounts 10000 Sales Returns and Allowances 19400 29400 29400 >