what else is needed?

Fit-for-Life Foods reports the following income statement accounts for the year ended December 31 Gain on sale of equipment Office supplies expense Insurance expense Sales Office salaries expense Rent expense-Selling space Sales staff wages $ 6,250 Depreciation expense-office copier $ 500 700 Sales discounts 16,000 1,300 Sales returns and allowances 4,000 220,000 TV advertising expense 2,000 32,500 Interest revenue 750 10,000 Cost of goods sold 90,000 23,000 Sales commission expense 13,000 Prepare a multiple-step income statement. Answer is not complete. FIT-FOR-LIFE FOODS Income Statement For Year Ended December 31 $ 220,000 Sales $ (16,000) (4,000) Less: Sales discounts Less: Sales returns and allowances les (20,000) 200,000 (90,000) of goods sold Answer is not compiece. FIT-FOR-LIFE FOODS Income Statement $ 220,000 For Year Ended December 31 Sales Less: Sales discounts $ (16,000) Less: Sales returns and allowances (4,000) Net sales Cost of goods sold Gross profit Expenses Selling expenses Rent expense-Selling space 10,000 Sales staff wages 23,000 TV advertising expense 2,000 Sales commission expense 13,000 (20,000) 200,000 (90,000) 110,000 OOO 48,000 Total selling expenses General and administrative expenses Office supplies expense Insurance expense 700 >> 1,300 An BRE Prev 4 of 30 Next > pace Sales staff wages TV advertising expense Sales commission expense TUVUU 23,000 2,000 13,000 48,000 700 Total selling expenses General and administrative expenses Office supplies expense Insurance expense Office salaries expense Depreciation expense-Office copier >> 1,300 32,500 500 35,000 Total general and administrative expenses Total expenses 83.000 27,000 Other revenues, gains, expenses & losses 0 her revenues, gains, expenses & losses Nettiene IS 34,000 Prey 4 of 30 # Next >