Reported below is the adjusted trial balance of Hooked for KNOThing Department Store ate the end of December 31, 2019 Accounts Receivable 19,000 Supplies Expense 5,000 Cost of Goods Sold 255,000 Sales Discounts 14,000 Sales Expenses 30,000 Sales Returns & Allowances 11,000 Interest Expense 1,500 Insurance Expense 8,000 Distribution Expense 21,000 Salaries Expense 55,000 Utilities Expense 12,000 Sales 530,000 Accumulated Depreciation (Building) 10,000 Accounts Payable 14,000 Marketing Expense 9,000 Interest Revenue 1,800 Requirement: Prepare a multi-step income statement Less: for Hooked for KNOThing Department Store for the Less: Cost of Goods Sold Operating Expenses: year ended December 31, 2019. (Arrange expenses in descending order) Net Income from Operations Add: Other Income Less: Non-Operating Expense Net Income