Sellall Department Stores reported the following amounts as of its December 31 year-end: Administrative Expenses, $3,200; Cost of Goods Sold, $27,000; Income Tax Expense, $3,480; Interest Expense, $1,700; Interest Revenue, $220; General Expenses, $3,400; Net Sales, $45,250; and Delivery (freight-out) Expense, $380. Prepare a multistep income statement for distribution to external financial statement users. Answer is not complete. SELLALL DEPARTMENT STORES Income Statement Net Sales Cost of Goods Sold Gross Profit Income before Income Tax Expense Income Tax Expense Interest Revenue Net Income 45,250 (27,000) 18,250 0000 9,570 (3,480) 220 6,310