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Wayman Corporation reports the following amounts in its December 31, 2024, income statement. Sales revenue Interest expense Salaries expense Utilities expense $362,000 Income tax expense

Wayman Corporation reports the following amounts in its December 31, 2024, income statement. Sales revenue Interest expense Salaries expense Utilities expense $362,000 Income tax expense 16,000 36,000 Cost of goods sold Advertising expense 46,000 $46,000 126,000 26,000 WAYMAN CORPORATION Multiple-Step Income Statement For the Year Ended December 31, 2024 Total operating expenses Operating income

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