* Question 6 The following selected accounts from the Sarasota Corp.'s general ledger are presented below for the year ended December 31, 2017: $57,200 31,200 69,680 24,960 556,400 ges expense 702,000 8,840 42,640 2,496,000 Advertising expense Common stock Cost of goods sold Interest revenue 260,000 Inventory 1,128,400 130,000 156,000 26,000 72,800 15,600 72,800 Rent revenue Retained earnings Salaries and wa Sales discounts Sales returns and allowances Sales revenue expense Dividends Freight-out Income tax expense Insurance expense Interest expense Prepare a multiple-step income statement. SARASOTA CORP. Income Statement For the Year Ended De Sales Revenue 2496000 Sales Discounts Sales Returns and Allowances