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The following data were provided by Mystery Incorporated for the year ended December 31: Cost of Goods Sold Income Tax Expense Merchandise Sales (gross revenue)

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The following data were provided by Mystery Incorporated for the year ended December 31: Cost of Goods Sold Income Tax Expense Merchandise Sales (gross revenue) for Cash Merchandise Sales (gross revenue) on Credit Office Expenses Sales Returns and Allowances Salaries and Wages Expense $172,0000 19,820 254,000 44,800 19,700 7,470 43,000 equired: 1. Prepare a multistep income statement. MYSTERY INCORPORATED Income Statement

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