The following information is available for Wildhorse Corp. for the year ended December $31,2027$:

Other revenues and gains

Other expenses and losses

Cost of goods sold

$$10\mathrm{.}200$

$15\mathrm{.}300$

$178\mathrm{.}000$

Sales revenue

Operating expenses

Sales returns and allowances

$$600\mathrm{.}400$

$205\mathrm{.}900$

$40\mathrm{.}000$

Prepare a multiple$-$step income statement for Wildhorse Corp. The company has a tax rate of $20\%$