Ward Company had the following account balances for the current year. Prepare a multiple-step income statement. Accounts Payable. $ 44,900 Cost of Goods Sold 56,000 18,900 10,800 Dividends General and Administrative Expenses Prepaid Insurance Sales 50,400 100,600 3,000 Sales Discounts Sales Returns and Allowances 2,900 Selling Expenses 11,300 Ward Company Income Statement For Year Ended, December 31 Revenues: Choose one) Net Sales Choose Gross Profit Operating Expenses Ward Company Income Statement For Year Ended, December 31 Revenues: (Choose one) Net Sales (Choose one) Gross Profit Operating Expenses: 8 (Choose one Total Operating Expenses Net Income