Presented below is information for Wildhorse Co. for the month of January 2022. Cost of goods sold Freight-out Insurance expense Salaries and wages expense (a) $222,940 7,000 11,000 60,000 Rent expense Sales discounts Sales returns and allowances Sales revenue $34,000 Wildhorse Co. Income Statement 7,000 19,000 381,000 Prepare a multiple-step income statement. (If there is a net loss then enter the amount using either a negative sign preceding the nur e.g.-45 or parentheses e.g. (45).)

Presented below is information for Wildhorse Co. for the month of January 2022. (a) Prepare a multiple-step income statement. (If there is a net loss then enter the amount using either a negotive sign preceding the nu es. -45 or parentheses es. (45).)