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The selected accounts from the Ayayai Corps accounting records are presented below for the year ended December 31, 2022: Advertising expense Common stock Cost of

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The selected accounts from the Ayayai Corps accounting records are presented below for the year ended December 31, 2022: Advertising expense Common stock Cost of goods sold Depreciation expense Dividends Freight-out Income tax expense Insurance expense Interest expense $68,200 310,000 1,345,400 155,000 186,000 31,000 86,800 18,600 86,800 Interest revenue Inventory Rent revenue Retained earnings Salaries and wages expense Sales discounts Sales returns and allowances Sales revenue $ 37,200 83,080 29,760 663,400 837,000 10,540 50,840 2,976,000 Prepare a multiple-step income statement. AYAYAI CORP Income Statement Que Acco Que Accou Ques Accou View Accoun Quest Account Quest Account

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