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

Advertising expense		$ 45,100		Interest revenue		$ 24,600
Common stock		205,000		Inventory		54,940
Cost of goods sold		889,700		Rent revenue		19,680
Depreciation expense		102,500		Retained earnings		438,700
Dividends		123,000		Salaries and wages expense		553,500
Freight-out		20,500		Sales discounts		6,970
Income tax expense		57,400		Sales returns and allowances		33,620
Insurance expense		12,300		Sales revenue		1,968,000
Interest expense		57,400

Prepare a multiple-step income statement.