Sellall Department Stores reported the following amounts as of its December $31$ year$-$end: Administrative Expenses, $$2,800$; Cost of Goods Sold, $$24,840$; Income Tax Expense, $$3,260$; Interest Expense, $$1,700$; Interest Revenue, $$220$; General Expenses, $$3,000$; Net Sales, $$41,630$; and Delivery $($freight$-$out$)$ Expense, $$340.$Prepare a multistep income statement for distribution to external financial statement users.M$6-13($Algo$)$ Preparing a Multistep Income Statement $[$LO $6-6]$

Sellall Department Stores reported the following amounts as of its December $31$ year$-$end: Administrative Expenses, $$2,800$; Cost of Goods Sold, $$24,840$; Income Tax Expense, $$3,260$; Interest Expense, $$1,700$; Interest Revenue, $$220$; General Expenses, $$3,000$; Net Sales, $$41,630$; and Delivery $($freight$-$out$)$ Expense, $$340.$

Prepare a multistep income statement for distribution to external financial statement users.