Sellall Department Stores reported the following amounts in its adjusted trial balance prepared as of its December 31 year-end: Administrative Expenses, $3,400: Cost of Goods Sold, $28,080; Income Tax Expense, $3,560; Interest Expense, $1,800; Interest Revenue, $240; General Expenses, $3,600; Net Sales Revenue $47060; and Delivery (freight-out) Expense, $400. Prepare a multistep income statement for distribution to external financial statement users. $ SELLALL DEPARTMENT STORES Income Statement For the Year Ended December 31 Net Sales Cost of Goods Sold Gross Profit Operating Expenses Delivery Expense 47,060 28,080 18,980 3,400 400 interest Expense Income Tax Expense Net Income 1,800 3,560 6,460 $