The following selected accounts from Okanagan Corporation's general ledger are presented below for the year ended December 31, 2021: 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 $212,000 611,600 44.000 200,000 937,600 100,000 120,000 1,160,000 20,000 56,000 18,400 49,600 24,000 77,600 24,800 19,200 428,000 564,000 2,071,600 Okanagan Corporation Statement of Income (Multiple-step) Year Ended December 31, 2021 $ $ $