The selected accounts from the Novak Corp's accounting records are presented below for the year ended December 31, 2022: Advertising expense $71,500 Interest revenue $ 39,000 Common stock 325,000 Inventory 87,100 Cost of goods sold 1,410,500 Rent revenue 31.200 Depreciation expense 162,500 Retained earnings 695,500 Dividends 195,000 Salaries and wages expense 877,500 Freight-out 32,500 Sales discounts 11,050 Income tax expense 91,000 Sales returns and allowances 53,300 Insurance expense 19,500 Sales revenue 3,120,000 Interest expense 91,000 Prepare a multiple-step income statement.