Studentloans.gov FAFSA EIRS - Balance Due CompuCram CD Ba Kimmel, Financial Accounting, 8e actice Gradebook ORION Downloadable eTextbook gnment CALCULATOR MESSAGE HY INS Exercise 5-6 (Part Level Submission) Presented below is information for Sheridan Company for the month of January 2017. $214,100 Rent expense Cost of goods sold Freight-out Insurance expense Salaries and wages expense 62,200 Sales revenue Income tax expense $33,900 8,100 19,200 395,000 ,500 Other comprehensive income (net of $400 tax) 2,000 8,500 Sales discounts 12,300 Sales returns and allowances (a) Your answer is correct. Prepare an income statement using the multi-step format. SHERIDAN COMPANY Income Statement Salcs 395,000 Sales Revenue F7