Revenues: A B Craig's Design and Landscaping Income Statement September 30, 2026 C D E Instructions: Sales Revenue $ 17,500.00 Service Revenue $ 23,775.00 Total Revenues: $ 41,275.00 F G H Prepare a Multi-Step Income Statement in proper format. See links in Blackboard as needed for review. | J K Additional Notes: Include field wages in the COGS section when calculating Gross Profit If you copy paste accounts be sure all font size, type, etc. are the same Use formulas for your subtotals and totals Use Print Preview to make sure it looks professional, fits on one page and makes sense Cost of Goods Sold: Cost of Goods Sold $ 7,950.00 Field Vages $ 9,500.00 Income Statement Office Vage Expense $ 3,300.00 Small Tools and Equipment $ 1,750.00 5 Gross Profit: $ 33,325.00 - Heading Operating Expenses: Revenue section Advertising and Promotion $ 2,250.00 Auto and Truck Expense $ 1,200.00 Depreciation Expense $ 2,750.00 Insurance Expense $ 450.00 Totals Office Supplies Expense $ 625.00 Pagroll Expense $ 1,550.00 Rent Expense $ 2,500.00 Repairs and Maintenance Expens $ 1,200.00 Utilities Expense $ 900.00 Total Expenses: $ 13,425.00 Operating Income: $ 19,900.00 Other Expenses: Interest Expense $ 633.00 Miscellaneous Expense $ 325.00 Total Other Expenses: $ 958.00 Net Income: 19,900.00 Points Earned Available 2 3 0 5 Instructor Comments