Required: Prepare a multiple-step income statement. Required: Prepare a multiple-step income statement

Sales revenue Interest expense 14, eee Salaries expense 34, eee Utilities expense 44, eee Required: $348, eee Income tax expense Cost of goods sold Advertising expense $44, eee 124, eee 24, eee Prepare a multiple-step income statement. Answer is not complete. WAYMAN CORPORATION Multiple-Step Income Statement For the Year Ended December 31 2024 Sales revenue Cost of goods sold Gross profit Advertising expense Utilities expense Salaries expense Total operating expenses Operating income Income tax expense Interest expense Net income e $ 348,000 (124,000) e 24,000 e 44,000 e 34,000 e 224,000 e 102,000 44,000 14,000 44,000 e Sales revenue Interest expense 14, eee Salaries expense 34, eee Utilities expense 44, eee Required: $348, eee Income tax expense Cost of goods sold Advertising expense $44, eee 124, eee 24, eee Prepare a multiple-step income statement. Answer is not complete. WAYMAN CORPORATION Multiple-Step Income Statement For the Year Ended December 31 2024 Sales revenue Cost of goods sold Gross profit Advertising expense Utilities expense Salaries expense Total operating expenses Operating income Income tax expense Interest expense Net income e $ 348,000 (124,000) e 24,000 e 44,000 e 34,000 e 224,000 e 102,000 44,000 14,000 44,000 e