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Return to Blackboard immel, Accounting, 6e CALCULATOR ES The following selected accounts from the Swifty Corporation's general ledger are presented below for the year ended

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Return to Blackboard immel, Accounting, 6e CALCULATOR ES The following selected accounts from the Swifty Corporation's general ledger are presented below for the year ended December 31, 2017: Advertising expense 64,900 Interest revenue Common stock Cost of goods sold 1,280,300 Rent revenue Depreciation expense147,500 Retained earnings Dividends Freight-out Income tax expense Insurance expense Interest expense $ 35,400 79,060 28,320 631,300 Salaries and wages expense 796,500 10,030 Sales returns and allowances48,380 2,832,000 295,000 Inventory 177,000 29,500 Sales discounts 82,600 17,700 Sales revenue 82,600 Prepare a multiple-step income statement. SWIFTY CORPORATION

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