Question Five: (5 marks) Selected account balances of Johanna Ltd. at December 31, 2021 are presented below: Sales..... Sales discounts Depreciation expense. 22,900 62,500 Cost of goods sold.. Salaries expense. 2,200 Rent revenue... Sales returns and allowances........... 1,800 Interest Expense... Required: Prepare a multi-step income statement for the year ended December 31, 2021. 3,300 20,000 10,000 2,000 Swann Company uses a pe Purchases $600,000; $19,000; beginning out $5,000; Sales Required: Determine t 1- Net Pu