Technology Inc.
December 31, 2017
Account Title	Debit	Credit
Sales revenue		780,000
Interest revenue		12,750
Rent expense	9,200
Cost of Goods Sold	491,000
Interest expense	18,250
Miscellaneous Expense	12,000
Salaries expense	90,000
Marketing /Selling expense	27,000
Depreciation expense	30,000
Insurance Expense	26,500
Bad Debt Expense	8,600
Gain on Sale of Investment		37,000
Loss on Sale of Equipment	5,250
Unrealized Gain on Securities Held for Resale	1,686
Loss on Foreign Currency Translation	(3,500)
Loss from Operations of Discontinuing business component	35,000
Loss on disposal of Discontinued business	16,000
Tax Rate 30%
50,000 shares of common stock were outstanding throughout the year

prepare a multistep income statement