Problem 5. Prepare a multiple-step income statement for Armour Co. from the following data for the year ended December 31, 2019. (20 pts) Sales. Cost of merchandise sold. Administrative expenses. Interest expense.. Rent revenue. Sales returns and allowances. Selling expenses.. $905,000 $540,000 $10,000 $20,000 $25,000 $35,000 _$90,000