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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

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; Sales Revenue, $39,000; Sales Discounts, $1,950; Sales Returns and Allowances, $1,755; and Delivery (freight-out) Expense, $270.

(Fill in the blanks) Prepare a multistep income statement for distribution to external financial statement users.

SELLALL DEPARTMENT STORES

Income Statement
For the Year Ended December 31
Gross Profit 0
Income from Operations 0
Income before Income Tax Expense 0
Net Income $0

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