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 $175,000 20,700 260,000 46,000 20,000 7,650 44,200 Required 1. Prepare a multistep income statement MYSTERY INCORPORATED Income Statement