The following selected accounts from the Bramble Corp.'s general ledger are presented below for the year ended December 31, 2017:

Prepare a multiple-step income statement

The following selected accounts from the Bramble Corp.'s general ledger are presented below for the year ended December 31, 2017: Advertising expense $ 68,200 Interest revenue 5; 37,200 Common stock 310,000 Inventory 83,080 Cost of goods sold 1,345,400 Rent revenue 29,760 Depreciation expense 155,000 Retained earnings 663,400 Dividends 186,000 Salaries and wages expense 837,000 Freight-out 31,000 Sales discounts 10,540 Income tax expense 86,800 Sales returns and allowances 50,840 Insurance expense 18,600 Sales revenue 2,976,000 Interest expense 86,800 Prepare a multiple-step income statement