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

Other revenues and gains		$22,400
Other expenses and losses		3,600
Cost of goods sold		284,000
Sales discounts		3,600
Sales revenue		750,000
Operating expenses		212,000
Sales returns and allowances		9,600

Prepare a multiple-step income statement for Kingbird Corp. The company has a tax rate of 25%.

KINGBIRD CORP. Income Statement choose the accounting period For the Year Ended December 31, 2022For the Month Ended December 31, 2022December 31, 2022
select an opening name for section one Retained Earnings, December 31Other Expenses and LossesExpensesTotal ExpensesRevenuesTotal RevenuesSalesOperating ExpensesOther Comprehensive Income / (Loss)Net Income / (Loss)Gross ProfitComprehensive Income / (Loss)Other Revenues and GainsDividendsIncome From OperationsRetained Earnings, January 1Income before Income TaxesNet Sales
enter an income statement item				$enter a dollar amount
select between addition and deduction LessAdd :
enter an income statement item		$enter a dollar amount
		enter a dollar amount
select a closing name for section one DividendsExpensesGross ProfitIncome From OperationsIncome before Income TaxesNet Income / (Loss)Net SalesOperating ExpensesRetained Earnings, January 1Retained Earnings, December 31RevenuesTotal RevenuesTotal ExpensesSalesOther Comprehensive Income / (Loss)Comprehensive Income / (Loss)Other Expenses and LossesOther Revenues and Gains				enter a total amount for section one
enter an income statement item				enter a dollar amount
select a summarizing line for the first part DividendsExpensesGross ProfitIncome From OperationsIncome before Income TaxesNet Income / (Loss)Net SalesOperating ExpensesRetained Earnings, January 1Retained Earnings, December 31RevenuesTotal RevenuesTotal ExpensesSalesOther Comprehensive Income / (Loss)Comprehensive Income / (Loss)Other Expenses and LossesOther Revenues and Gains				enter a total amount for the first part
select an income statement item DividendsExpensesGross ProfitIncome From OperationsIncome before Income TaxesNet Income / (Loss)Net SalesOperating ExpensesRetained Earnings, January 1Retained Earnings, December 31RevenuesTotal RevenuesTotal ExpensesSalesOther Comprehensive Income / (Loss)Comprehensive Income / (Loss)Other Expenses and LossesOther Revenues and Gains				enter a dollar amount
select the summarizing line for the second part DividendsExpensesGross ProfitIncome From OperationsIncome before Income TaxesNet Income / (Loss)Net SalesOperating ExpensesRetained Earnings, January 1Retained Earnings, December 31RevenuesTotal RevenuesTotal ExpensesSalesOther Comprehensive Income / (Loss)Comprehensive Income / (Loss)Other Revenues and GainsOther Expenses and Losses				enter a total amount for the second part
select an income statement item Dividends Expenses Gross Profit Income From Operations Income before Income Taxes Net Income / (Loss) Net Sales Operating Expenses Retained Earnings, January 1 Retained Earnings, December 31 Revenues Total Revenues Total Expenses Sales Other Comprehensive Income / (Loss) Comprehensive Income / (Loss) Other Revenues and Gains Other Expenses and Losses		enter a dollar amount
select an income statement item Dividends Expenses Gross Profit Income From Operations Income before Income Taxes Net Income / (Loss) Net Sales Operating Expenses Retained Earnings, January 1 Retained Earnings, December 31 Revenues Total Revenues Total Expenses Sales Other Comprehensive Income / (Loss) Comprehensive Income / (Loss) Other Revenues and Gains Other Expenses and Losses		enter a dollar amount
				enter a subtotal of the two previous amounts
select a summarizing line for the third part DividendsExpensesGross ProfitIncome From OperationsIncome before Income TaxesNet Income / (Loss)Net SalesOperating ExpensesRetained Earnings, January 1Retained Earnings, December 31RevenuesTotal RevenuesTotal ExpensesSalesOther Comprehensive Income / (Loss)Comprehensive Income / (Loss)Other Expenses and LossesOther Revenues and Gains				enter a total amount for all three parts
enter an income statement item				enter a dollar amount
select a closing name for this statement DividendsExpensesGross ProfitIncome From OperationsIncome before Income TaxesNet Income / (Loss)Net SalesOperating ExpensesRetained Earnings, January 1Retained Earnings, December 31RevenuesTotal RevenuesTotal ExpensesSalesOther Comprehensive Income / (Loss)Comprehensive Income / (Loss)Other Revenues and GainsOther Expenses and Losses				$enter a total net income or loss amount