Shown below is an income statement for 2015 that was prepared by a poorly trained bookkeeper of Howell Corporation. 222 Howell Corporation INCOME STATEMENT 31-Dec-15 Sales revenue sales discount sales returns and allowances net sales Interest revenue beginning inventory purchases ending inventory 2,500 6,200 ??? 19,500 500,000 ??? Cost of goods sold Selling expenses Administrative expense Interest expense Net income 356,500 75% beginning inventory 145,000 215,000 13,000 127,300 Instructions Prepare an multiple steps income statement for 2015 for Howell Corporation in good form