Two accountants, Yuan Tsui and Sergio Aragon, are arguing about the merits of presenting an income statement in the multiple$-$step versus the single$-$step format. The discussion involves the following $2023$ information for C$.$ Cullumber Company $($in thousands$)$:

Administrative expenses

Officers' salaries

Depreciation of office furniture and equipment

Cost of goods sold

Rental revenue

Selling expenses

$\backslash$table$[[$$$3,600,$Delivery,$$2,360$