The following selected accounts from the Whispering Winds Corp's general ledger are presented below for the year ended December 31, 2022: Advertising expense $51.000 Interest revenue $ 29,000 63.000 246.000 Inventory 1.081.000 Rent revenue 24.000 Common stock Cost of goods sold Depreciation expense Dividends 121.000 Retained earnings 531.000 671.000 146.000 Salaries and wages expense Freight-out 21,000 Sales discounts 8.300 Income tax expense 66.000 Sales returns and allowances 40.000 Insurance expense 15,000 Sales revenue 2,396.000 Interest expense 66.000 Prepare a multiple-step income statement. Whispering Winds Corp. Income Statement For the Year Ended December 31, 2022 Retained Earnings, December 31 Sales Revenue $ 2396000 Less Sales Returns and Allowances 40000 Sales Discounts 8300 48300 Net Sales 2347700 Cost of Goods Sold 1081000 Gross Profit 1266700 Operating Expenses Advertising Expense 51000 Depreciation Expense 121000 Freight-Out 21000 Advertising Expense 51000 Depreciation Expense 121000 Freight-Out 21000 Insurance Expense 15000 Salaries and Wages Expense 671000 Total Operating Expenses 879000 Income From Operations 387700 Other Revenues and Gains Interest Expense 66000 Dividends 146000 132000 Other Revenues and Gains Interest Revenue 29000 Income before Income Taxes Income Tax Expense 66000 Net Income /(Loss)