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The adjusted trial balance of Ivanhoe Company included the following selected accounts: Debit Credit $630,000 Sales Revenue Sales Returns and Allowances Sales Discounts Cost of

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The adjusted trial balance of Ivanhoe Company included the following selected accounts: Debit Credit $630,000 Sales Revenue Sales Returns and Allowances Sales Discounts Cost of Goods Sold Freight-Out Advertising Expense Interest Expense Salaries and Wages Expense Utilities Expense Depreciation Expense Interest Revenue $51,000 9,000 408,000 2,600 13.300 22 200 85,000 25,000 3,900 25,700 Use the above information to prepare a multiple-step income statement for the year ended December 31, 2022. (List other revenues before other expenses.) IVANHOE COMPANY Income Statement

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