The following is a listing of all of the income statement accounts for Mulberry Street Sportswear as they appear on the adjusted trial balance as of December 31. Advertising Expense $10,900 Cost of Goods Sold 87,800 Delivery Expense 5,200 Insurance Expense 1,100 Income Tax Expense 5,640 Rent Expense 11,600 Interest Expense 1,000 Sales Revenue 160,200 Sales Discounts 10,600 Sales Returns and Allowances 17,900

Prepare a multistep income statement.