Question 3: The adjusted trial balance of Pratt Company conta the following information: Debit Sales Sales Returns and Allowances Sales Discounts Cost of Goods Sold Freight-out expenses Advertising Expense Interest Expense Store Salaries Expense (Administrative Utilities Expense (Administrative Depreciation Expense (Administrative) Interest Revenue $20,000 7,000 366,000 2,000 15,000 18,000 50,000 18,000 7,000 Instructions: Prepare a Multiple-sten income statement for the year ended December 3 PRATT COMPANY Income Statement For the year ended December 31, 2003 .ONANN4SeN4N4444584s Question 3: The adjusted trial balance of Pratt Company conta the following information: Debit Sales Sales Returns and Allowances Sales Discounts Cost of Goods Sold Freight-out expenses Advertising Expense Interest Expense Store Salaries Expense (Administrative Utilities Expense (Administrative Depreciation Expense (Administrative) Interest Revenue $20,000 7,000 366,000 2,000 15,000 18,000 50,000 18,000 7,000 Instructions: Prepare a Multiple-sten income statement for the year ended December 3 PRATT COMPANY Income Statement For the year ended December 31, 2003 .ONANN4SeN4N4444584s