S Weygandt, Accounting Principles, 13th Edition, Custom WileyPLUS Course for Bronx Community College Help | System Announcements Exercise 5A-9 a-b Presented below is information for Teal Company for the month of March 2017. Purchases $207,666 Rent expense $ 31,000 Freight-in 8,000 Sales discounts 9,000 Purchase returns and allowances 7,000 Sales returns and allowances 13,000 Salaries and wages expense 57,000 Sales revenue 348,000 Beginning inventory was $45,000, and ending inventory was $61,000. Prepare a multiple-step income statement. TEAL COMPANY Income Statement For the Month Ended March 31, 2017 4 to TA OCT 4 26 ... 417 20 (3D