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The adjusted trial balance of Blossom Company contained the following information: Debit Credit Sales Revenue $540,600 Sales Returns and Allowances $12,240 Sales Discounts 7,140 Cost

image text in transcribedimage text in transcribed The adjusted trial balance of Blossom Company contained the following information: Debit Credit Sales Revenue $540,600 Sales Returns and Allowances $12,240 Sales Discounts 7,140 Cost of Goods Sold 324,360 Freight-Out 2,040 Advertising Expense 15,300 Interest Expense 13,260 Salaries and Wages Expense 91,800 Utilities Expense 23,460 Depreciation Expense 12,240 Interest Revenue 37,740 W Use the above information to prepare a multiple-step income statement for the year ended December 31,2020 BLOSSOM COMPANY Income Statement $ > >

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