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The following selected accounts from the Blossom Companys general ledger are presented below for the year ended December 31, 2022: Advertising expense $ 64,000 Interest

The following selected accounts from the Blossom Companys general ledger are presented below for the year ended December 31, 2022:

Advertising expense

$ 64,000

Interest revenue

$ 41,000

Common stock

259,000

Inventory

76,000

Cost of goods sold

1,094,000

Rent revenue

24,000

Depreciation expense

134,000

Retained earnings

544,000

Dividends

159,000

Salaries and wages expense

683,000

Freight-out

34,000

Sales discounts

9,300

Income tax expense

79,000

Sales returns and allowances

52,000

Insurance expense

15,000

Sales revenue

2,408,000

Interest expense

78,000

Prepare a multiple-step income statement.

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