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Wayman Corporation reports the following amounts in its December 31, 2018, income statement. Sales revenue Interest expense Salaries expense Utilities expense $369,000 Income tax expense

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Wayman Corporation reports the following amounts in its December 31, 2018, income statement. Sales revenue Interest expense Salaries expense Utilities expense $369,000 Income tax expense $ 47,000 17,000 Cost of goods sold 127,000 37,000 Advertising expense 27,000 47,000 Required: Prepare a multiple-step income statement. WAYMAN CORPORATION Multiple-step Income Statement For the year ended December 31, 2018 0 Total operating expenses Operating income

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