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

Advertising expense		$ 61,000		Interest revenue		$ 38,000
Common stock		256,000		Inventory		73,000
Cost of goods sold		1,091,000		Rent revenue		24,000
Depreciation expense		131,000		Retained earnings		541,000
Dividends		156,000		Salaries and wages expense		680,000
Freight-out		31,000		Sales discounts		9,200
Income tax expense		76,000		Sales returns and allowances		49,000
Insurance expense		15,000		Sales revenue		2,405,000
Interest expense		75,000

Prepare a multiple-step income statement.

Oriole Company Income Statement choose the accounting period For the Month Ended December 31, 2022For the Year Ended December 31, 2022December 31, 2022
select an opening name for section one DividendsGross ProfitIncome From OperationsIncome before Income TaxesNet Income / (Loss)Net SalesOperating ExpensesRetained Earnings, January 1Retained Earnings, December 31Total Operating ExpensesSalesNet Other Comprehensive Income / (Loss)Comprehensive Income / (Loss)Other Expenses and LossesOther Revenues and Gains
enter an income statement item				$ enter a dollar amount
select between addition and deduction AddLess:
enter an income statement item		$ enter a dollar amount
enter an income statement item		enter a dollar amount
				enter a subtotal of the two previous amounts
select a closing name for section one DividendsGross ProfitIncome From OperationsIncome before Income TaxesNet Income / (Loss)Net SalesOperating ExpensesRetained Earnings, January 1Retained Earnings, December 31Total Operating ExpensesSalesNet Other Comprehensive Income / (Loss)Comprehensive Income / (Loss)Other Expenses and LossesOther Revenues and Gains				enter a total amount for section one
enter an income statement item				enter a dollar amount
select a summarizing line for the first part DividendsGross ProfitIncome From OperationsIncome before Income TaxesNet Income / (Loss)Net SalesOperating ExpensesRetained Earnings, January 1Retained Earnings, December 31Total Operating ExpensesSalesNet Other Comprehensive Income / (Loss)Comprehensive Income / (Loss)Other Expenses and LossesOther Revenues and Gains				enter a total amount for the first part
select an opening name for section two DividendsGross ProfitIncome From OperationsIncome before Income TaxesNet Income / (Loss)Net SalesOperating ExpensesRetained Earnings, January 1Retained Earnings, December 31Total Operating ExpensesSalesNet Other Comprehensive Income / (Loss)Comprehensive Income / (Loss)Other Expenses and LossesOther Revenues and Gains
enter an income statement item		enter a dollar amount
enter an income statement item		enter a dollar amount
enter an income statement item		enter a dollar amount
enter an income statement item		enter a dollar amount
enter an income statement item		enter a dollar amount
select a closing name for section two DividendsGross ProfitIncome From OperationsIncome before Income TaxesNet Income / (Loss)Net SalesOperating ExpensesRetained Earnings, January 1Retained Earnings, December 31Total Operating ExpensesSalesNet Other Comprehensive Income / (Loss)Comprehensive Income / (Loss)Other Expenses and LossesOther Revenues and Gains				enter a total amount for section two
select a summarizing line for the second part DividendsGross ProfitIncome From OperationsIncome before Income TaxesNet Income / (Loss)Net SalesOperating ExpensesRetained Earnings, January 1Retained Earnings, December 31Total Operating ExpensesSalesNet Other Comprehensive Income / (Loss)Comprehensive Income / (Loss)Other Expenses and LossesOther Revenues and Gains				enter a total amount for the second part
select an opening name for section three DividendsGross ProfitIncome From OperationsIncome before Income TaxesNet Income / (Loss)Net SalesOperating ExpensesRetained Earnings, January 1Retained Earnings, December 31Total Operating ExpensesSalesNet Other Comprehensive Income / (Loss)Comprehensive Income / (Loss)Other Expenses and LossesOther Revenues and Gains
enter an income statement item		enter a dollar amount
enter an income statement item		enter a dollar amount
				enter a subtotal of the two previous amounts
select an opening name for section four DividendsGross ProfitIncome From OperationsIncome before Income TaxesNet Income / (Loss)Net SalesOperating ExpensesRetained Earnings, January 1Retained Earnings, December 31Total Operating ExpensesSalesNet Other Comprehensive Income / (Loss)Comprehensive Income / (Loss)Other Expenses and LossesOther Revenues and Gains
enter an income statement item				enter a dollar amount
select a summarizing line for the third part DividendsGross ProfitIncome From OperationsIncome before Income TaxesNet Income / (Loss)Net SalesOperating ExpensesRetained Earnings, January 1Retained Earnings, December 31Total Operating ExpensesSalesNet Other Comprehensive Income / (Loss)Comprehensive Income / (Loss)Other Expenses and LossesOther Revenues and Gains				enter a total amount for all three parts
enter an income statement item				enter a dollar amount
select a closing name for this statement DividendsGross ProfitIncome From OperationsIncome before Income TaxesNet Income / (Loss)Net SalesOperating ExpensesRetained Earnings, January 1Retained Earnings, December 31Total Operating ExpensesSalesNet Other Comprehensive Income / (Loss)Comprehensive Income / (Loss)Other Expenses and LossesOther Revenues and Gains				$ enter a total net income or loss amount