Presented below is information for Pharoah Company for the month of March 2019. $32,720 Cost of goods sold Freight-out Insurance expense Salaries and wages expense $217,820 7,150 5,680 57,060 Rent expense Sales discounts Sales returns and allowances Sales revenue 8,080 13,270 386,560 (a) - Your answer is partially correct. Prepare a multiple-step income statement. (If there is a net loss then enter the amount using either a negative sign preceding the number e.g. -45 or parentheses eg. (45).) Pharoah Company Income Statement For the Month Ended March 31 2019 $ 386560 Sales Sales Revenue Tess : Sales Discounts 0 Sales Returns and Allowances 0 $ 8 1 080 3270 | Net Sales 14510 372050 217820 Cost of Goods Sold Gross Profit/ll oss 154230 Operating Expenses D 7 150 5680 Freight-Out Insurance Expense Salaries and Wages Expense Rent Expense 57060i 32720 Total Onerating Fxnenses 103610 50620 Operating Fxnenses eTextbook and Media List of Accounts Save for Later