Using the information given below, prepare a multi-step income statement for June 2021 for Gutierrez Company.

• Cost of Goods Sold = $275,000
• Depreciation Expense = $6,000
• Interest Expense = $17,000
• Interest Revenue = $28,000
• Salaries Expense = $40,000
• Sales Discounts = $15,000
• Sales Returns & Allowances = $12,000
• Sales Revenue = $650,000
• Utilities Expense = $10,000