The following is a listing of all of the income statement accounts for Goodbuy Corp. as they appear on the adjusted trial balance as of December 31.

Advertising Expense $ 9,000

Cost of Goods Sold 110,000

Sales Discounts 4,000

Delivery Expense 3,000

Insurance Expense 1,000

Sales Revenue 180,000

Income Tax Expense 10,000

Rent Expense 12,000

Interest Expense 1,000

Sales Returns & Allowances 10,000

Required: Prepare a properly formatted multistep income statement for external reporting purposes.