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what am i missing? Wayman Corporation reports the following amounts in its December 31, 2024, income statement. Sales revenue $404,000 Income tax expense $52,000 Interest
what am i missing?
Wayman Corporation reports the following amounts in its December 31, 2024, income statement.
Sales revenue | $404,000 | Income tax expense | $52,000 |
---|---|---|---|
Interest expense | 22,000 | Cost of goods sold | 132,000 |
Salaries expense | 42,000 | Advertising expense | 32,000 |
Utilities expense | 52,000 |
Required: Prepare a multiple-step income statement.
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