The following information is available for Ling Company at December 31, 2019: Debit Credit Retained Earnings $ 50,000 Dividends $ 35,000 Sales Revenue 510,000 Sales Returns and Allowances 20,000 Sales Discounts 7,000 Cost of Goods Sold 357.000 Freight-Out 2,000 Advertising Expense 15,000 Interest Expense 19.000 Salaries and Wages Expense- 45.000 Utilities Expense 18,000 Depreciation Expense 7,000 Interest Revenue 25,000 Required: Prepare a multiple step income statement for Ling Company for the year ended December 31, 2019. Paragraph BT EE