Presented below is information from ABC Company's adjusted trial balance as of Dec 31, 2019. Please use this information to prepare a multi-step income statement in proper form for the 2019 fiscal year. Accounts Receivable $92,250 $13,500 $183,750 Retained Earnings Administrative expenses Sales discounts Cost of goods sold Freight-out $27,000 $5,250 $6,000 Insurance expense $3,750 Sales returns and allowances $8,250 Salaries and wages expense $47,250 Sales revenue $307,500 Dividends $3,750 Gain on Sale of Equipment $9,000 Interest Expense $5,250