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Sales revenue Interest expense Salaries expense Utilities expense $439,000 27.000 47,000 57,000 ncome tax expense Cost of goods sold Advertising expense $ 57,000 137,000 37,000

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Sales revenue Interest expense Salaries expense Utilities expense $439,000 27.000 47,000 57,000 ncome tax expense Cost of goods sold Advertising expense $ 57,000 137,000 37,000 Required: Prepare a multiple-step income statement WAYMAN CORPORATION Multiple step Income State 20 $439,000 137,000 37,000 For the year ended Decen Sales revenue Cost of goods sold Gross pro Total operating expenses Opera come

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