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

Sales Returns and Allowances $$11,280$

Sales Discounts $,6,580$

Cost of Goods Sold $,298,920$

Freight$-$Out $,1,880$

Advertising Expense $,14,100$

Interest Expense $,12,220$

Salaries and Wages Expense $,84,600$

Utilities Expense $,21,620$

Depreciation Expense $,11,280$

Interest Revenue

$34,780$

$($a$)$

Use the above information to prepare a multiple$-$step income statement for the year ended December $31,2020.$

SUNLAND COMPANY

Income Statement