The following selected accounts from Okanagan Corporation's general ledger are presented below for the year ended December 31, 2021: $323,300 932,690 67,100 305,000 1,429,840 152,500 183,000 1,769,000 30,500 Accounts receivable Accumulated depreciation equipment Advertising expense Common shares Cost of goods sold Depreciation expense Dividends declared Equipment Freight out Income tax expense Insurance expense Interest expense Interest income Inventory Prepaid expenses Rent income Retained earnings Salaries expense Sales 85,400 28,060 75,640 36,600 118,340 37,820 29,280 652,700 860,100 3,159,190 Prepare a multiple-step statement of income. Okanagan Corporation Statement of Income (Multiple-step) Year Ended December 31, 2021 Sales 3,159.190 Cost of Goods Sold 1,429,840 Gross profit 1,729,350 Operating expenses Freight Out $ 30500 Salaries Expense 860100 Depreciation Expense 152500 Advertising Expense 67100 Insurance Expense 28060 Total operating expenses 1138260 $ $ Total operating expenses $ Sales revenues Cost of goods available for sale Net purchases Net income Income from operations Income before income tax Net sales Operating expenses Inventory, ending Inventory, beginning Other income and expenses Gross profit Cost of goods purchased Loss Total operating expenses $