Sellall Department stores reported the following amounts in its adjusted trial balance prepared as of its December 31 year-end. Administrative Expenses, $2,400; Cost of Goods Sold, $22,728; Income Tax Expense, $3,000; Interest Expense, $1,600; Interest Revenue, $200; General Expenses, $2,600; Net Sales Revenue, $37,880, and Delivery (freight-out) Expense, $300.

Prepare a multi step income statements for distribution to external financial statement users.

Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion Return to question 4; Selall Department Stores reported the following amounts in its adjusted trial balance prepared as of its December 31 year-end Administrative Expenses, $2,400: Cost of Goods Sold, $22,728; Income Tax Expense, $3,000; Interest Expense, $1,600: Interest Revenue, $200; General Expenses, $2,600, Net Sales Revenue, $37,880, and Delivery (freight-out) Expense, $300 Prepare a multistep income statement for distribution to external financial statement users. Answer is not complete. For the Year Ended December 31 , 37880 Net Sales Cost of Goods Sold Gross Profit 22.728 15.152 5,0000 300 9852 Delivery Expense income from Operations Other Revenue Interest Revenue Income before Income Tex Expense Income Tax Expense 1600 3 8.252 0 3.000 is 5252 C) Net Income