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The following information was taken from the adjusted trial batance of Lucifer Lighting inc. at December 31, 2022. All accounts have normal balances Accounts payable

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The following information was taken from the adjusted trial batance of Lucifer Lighting inc. at December 31, 2022. All accounts have normal balances Accounts payable $ 52,000 Accounts receivable $ 18,700 Accumulated depreciation-Building S 44.900 Advertising expense $ 38,500 Building $ 600,000 Cash $ 85,000 Common shares $ 417,500 Cost of goods sold $ 410,500 Depreciation expense $ 12,000 Freight out $ 22,000 Interest expense $ 5.700 Interest income $ 2,000 Rental revenue $ 6,000 Retained earnings, lan 1 $ 154,800 Salaries expense $ 279,500 Salaries payable $ 5,200 Sales $761,300 Utilities expense $ 9,200 Instructions 12 marks Use the above information to prepare a multiple step statement of income for the year ended December 31, 2022

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