The following information is available for Bridgeport Corp. for the year ended December 31, 2022:

Other revenues and gains		$12,000		Sales revenue		$561,000
Other expenses and losses		13,900		Operating expenses		186,000
Cost of goods sold		157,000		Sales returns and allowances		44,700
Other comprehensive income		5,600

(a1)

Prepare a multiple-step income statement for Bridgeport Corp.

BRIDGEPORT CORP. Income Statement