Which of the following statements regarding the income statement is not true?

a$.$ It must be prepared before the statement of stockholders' equity.

b$.$ It is prepared using the account balances shown in the Adjusted Trial Balance columns of the end$-$of$-$period spreadsheet.

c$.$ It must be prepared after the statement of stockholders' equity.

d$.$ Miscellaneous expense is listed as the last expense item, regardless of its amount.