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The adjusted trial balance of Sandhill Company contained the following information: Debit Credit Sales Revenue $636,000 Sales Returns and Allowances $ 14,400 Sales Discounts 8,400

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The adjusted trial balance of Sandhill Company contained the following information: Debit Credit Sales Revenue $636,000 Sales Returns and Allowances $ 14,400 Sales Discounts 8,400 Cost of Goods Sold 381,600 Freight-Out 2,400 Advertising Expense 18,000 Interest Expense 15,600 Salaries and Wages Expense 108,000 Utilities Expense 27,600 Depreciation Expense 14.400 Interest Revenue 44,400 Use the above information to prepare a multiple-step income statement for the year ended December 31, 2020. SANDHILL COMPANY Income Statement $

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