Sellall Department Stores reported the following amounts in its adjusted trial balance prepared as of its December 31 year-end: Administrative Expenses, $2,100; Cost of Goods Sold, $21,060; Income Tax Expense, $2,930; Interest Expense, $1,500; Interest Revenue, $180; General Expenses, $2,300; Net Sales Revenue, $35,295; and Delivery (freight-out) Expense, $270. 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 $ 35,295 Cost of Goods Sold 21,060 14,235 Gross Profit Operating Expenses 4,670 Income from Operations 9,569 Withheld Income Taxes Payable