The adjusted trial balance of Nick Company contained the following information:

sales revenue- credit $570,000

sales returns and allowances- debit $15,000

sales discounts- debit $7,000

cost of goods sold- debit $323,000

freight out- debit $2,000

advertising expense- debit $15,000

interest expense- debit $18,000

salaries and wages expense- debit $85,000

utilities expense- debit $28,000

depreciation expense- debit $7,000

interset revenue- credit $27,000

A. Use the above information to prepare a multiple-step income statement for the year ended December 31, 2015.

B.Prepare a single-step income statement for the year ended December 31, 2015.