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Presented below is selected information for Sarasota Company for the month of March 2022 Cost of goods sold $213,525 Rent expense $34,650 Freight-out 7,030 Sales

Presented below is selected information for Sarasota Company for the month of March 2022 Cost of goods sold $213,525 Rent expense $34,650 Freight-out 7,030 Sales discounts 8,200 Insurance expense 5,470 Sales returns and allowances 12,800 Salaries and wages expense 58,580 Sales revenue 386,000 (a) Prepare a multiple-step income statement. (Enter negative amounts using either a negative sign preceding the number eg -45 or parentheses e.g. (45)) SUPPOR SARASOTA COMPANY Income Statement

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