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Wayman Corporation reports the following amounts in its December 31, 2018, income statement. Sales revenue $ 341,000 Income tax expense $ 43,000 Interest expense 13,000
Wayman Corporation reports the following amounts in its December 31, 2018, income statement.
Sales revenue | $ 341,000 | Income tax expense | $ 43,000 |
Interest expense | 13,000 | Cost of goods sold | 123,000 |
Salaries expense | 33,000 | Advertising expense | 23,000 |
Utilities expense | 43,000 | ||
Prepare a multiple-step income statement.
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