Question 2 Incomplete answer Marked out of 4.00 P Flag question From the following accounts, prepare a multi-step income statement for Kokomo Wholesale for the year ended December 31 Selling, general and administrative expense $780,500 Sales revenue Cost goods sold 1,400,000 Income tax expense Interest expense 14,000 2,303,000 28,000 (0) Kokomo Wholesale Income Statement For the Year Ended December 31 Sales revenue $ 2303000 Cost goods sold 1400000 Gross profit 903000 Selling general and administrative expense 780500 Income from operations 0 Other income and expense Interest expense 14000 Income before income tax Income tax expense 28000 Net Income $ 0 Please answer all parts of the question Check SEP O BE 26 tv