The following selected information is for Ivanhoe Company for the year ended January 31, 2021: Freight in $6,500 Purchase discounts $12,000 Freight out 7,300 Purchase returns and allowances 16,100 Insurance expense 12,000 Rent expense 20,300 Interest expense 6,000 Salaries expense 60,600 Merchandise inventory, beginning 61,300 Salaries payable 2,500 Merchandise inventory, ending 42,000 Sales 325,000 O. G. Pogo, capital 105,000 Sales discounts 14,000 O. G. Pogo, drawings 42,400 Sales returns and allowances 20,400 Purchases 211,000 Unearned sales revenue 4,500 Prepare a multiple-step income statement. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)