The information below relates to the operations of Pharoah Corporation, a private company following ASPE, for the year ended December 31, 2023: Cost of goods sold $350,000 Interest expense 2,090 Sales returns and allowances 9,090 Accounts payable 120,278 Sales discounts 3.932 Depreciation expense 284,660 Sales revenue 982,516 Salaries and wages expense 163,300 Prepaid expenses 3,250 Rent expense 35,500 Loss from fire 8,238 Rental revenue 24.106 Additional information: The effective tax rate is 25%. Depreciation expense: 60% administrative expense and 40% selling expense Salaries and wages expense: 35% administration expense and 65% selling expense Rent expense: 75% administration expense and 25% selling expense Prepare a multiple step income statement in good form by function. (List other revenues and gains before other expenses and losses. Enter selling expenses before administrative expenses. Round answers to O decimal places, eg. 5,275.)