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

Other revenues and gains		$24,200
Other expenses and losses		4,400
Cost of goods sold		295,000
Sales discounts		5,200
Sales revenue		762,000
Operating expenses		224,000
Sales returns and allowances		11,200

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 December 31, 2022, For the Month Ended December 31, 2022, For the Year Ended December 31, 2022
select an opening name for section one 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 Expenses and Losses Other Revenues and Gains
enter an income statement item				$enter a dollar amount
select between addition and deduction Add or Less:
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 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 Expenses and Losses Other 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 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 Expenses and Losses Other Revenues and Gains				enter a total amount for the first part
select an income statement item DividendsExpensesGross ProfitIncome 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 Expenses and Losses Other Revenues and Gains				enter a dollar amount
select the summarizing line for the second part DividendsExpensesGross 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 total amount for the second part
select an income statement item DividendsExpensesGross ProfitIncome 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 DividendsExpensesGross ProfitIncome 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 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 Expenses and Losses Other 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 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 total net income or loss amount