The following selected accounts from the Sheridan Company's general ledger are presented below for the year ended December 31,2022: Advertising expense $47,000 Interest revenue$25,000 Common stock242,000 Inventory59,000 Cost of goods sold Depreciation expense1,077,000 Rent revenue24,000 117,000 Retained earnings527,000 Dividends142,000 Salaries and wages expense667,000 Freight-out17,000 Sales discounts8,100 Income tax expense62,000 Sales returns and allowances36,000 Insurance expense15,000 Sales revenue2,392,000 Interest expense62,000 Prepare a multiple-step income statement.