Selected accounts balances of Sunset Cosmetics Inc for year ended

December $31,2023$ are as follows:

$\backslash$table$[[$Sales Salaries and Commissions,$35,108],[$Advertising Expense,$16,696],[$Legal Services,$2,225],[$Insurance and Licenses,$8,500],[$Travel Expense $-$ Sales Representatives,$4,560],[$Depreciation Expense $-$ Sales Delivery Equipment,$6,750],[$Depreciation Expense $-$ Office Equipment,$4,800],[$Freight Out,$4,200],[$Utilities Expense,$6,400],[$Telephone and internet Expense,$1,475],[$Supplies Expense,$580],[$Miscellaneous Expenses,$2,200],[$Dividends Paid,$33,000],[$Dividend Revenue,$7,150],[$Cost of Goods Sold,$204,495],[$Interest Revenue,$1,390],[$Interest Ex$[$ense$,4,520],[$Allowance for Doubtful Accounts,$7,460],[$Officer$\text{'}$s Salaries Expense,$36,600],[$Sales$,499,400],[$Sales Returns and Allowances,$11,200],[$Sales Discount,$880],[$Gain on Sale of Assets,$18,500],[$Gain from Discoutinued Operations $($before income taxes$),40,000],[$Extraordinary Loss $($before income taxes$),72,600]]$

Income tax from continuing operations

Needs to be calculated

Net Income

Needs to be calculated

Required:

Prepare a multiple step income statement for the year ended as of $31-$Dec$-23$ Tax rate $35\%$