The following data were provided by Mystery Incorporated for the year ended December 31:

Cost of Goods Sold	$	161,000
Income Tax Expense		16,590
Merchandise Sales (gross revenue) for Cash		232,000
Merchandise Sales (gross revenue) on Credit		40,400
Office Expenses		18,600
Sales Returns and Allowances		6,810
Salaries and Wages Expense		38,600

1. Prepare a multistep income statement. MYSTERY INCORPORATED Income Statement For the Year Ended December 31 Net Sales Cost of Goods Sold Gross Profit Operating Expenses Salaries and Wages Expense Office Expenses Total Operating Expenses Income from Operations Income Tax Expense Net Income $