Problem 2-6 Single-Step Income Statement

The following income statement items, arranged in alphabetical order, are taken from the records

of Shaw Corporation for the year ended December 31, 2012:

Advertising expense $ 1,500 Interest expense $ 1,400

Commissions expense 2,415 Interest revenue 1,340

Cost of goods sold 29,200 Rent revenue 6,700

Depreciation expense