Wolford Department Store is located in midtown Metropolis. During the past several years, net income has been declining because Suburban shopping centers have been attracting business away from city areas. At the end of the company's fiscal year on November 30, 2017, these accounts appeared in its adjusted trial balance Accounts Payable $ 35,376 Accounts Receivable 22,704 89,760 Accumulated Depreciation Equipment Cash 10,560 Common Stock 46,200 810,876 Cost of Goods Sold Freight-Out 2,194 Equipment 207,240 Depreciation Expanse 17.820 15,840 Dividends Gain on Disposal of Plant Assets 2,640 12,200 Income Tax Expense Insurance Expense Interest Expense 11,990 6,600 Inventory 34.584 57,420 Notes Payable Prepaid Insurance 7,920 44,220 44.990 Advertising Expense Rent Expense Retained Earning Salaries and Wages Expense Sales Revenue Salaries and Wages Payable 18,744 154,440 1,193,280 7.920 Sales Returns and Allowances 26,400 Utilities Expense 13.992 Prepare a multiple-step income statement(List other revenues before other expenses.) WOLFORD DEPARTMENT STORE Income Statement For the Year Ended November 30, 2017 Sales Revenue Less V | Sales Returns and Allow Net Sales nnnnn Cost of Goods Sold Gross Pront Operating Expenses Freight-Out Deprecation Expense Insurance Expense Advertising Expense Rent Expense Salaries and Wages Expense Utilities Expense Total Operating Expenses Income From Operations Other Revenues and Gains Gain on Disposal of Plant Assets Cost of Goods Sold Gross Profit Operating Expenses Freight-Out Depreciation Expense Insurance Expense Advertising Expense Rent Expense Salaries and Wages Expense Utilities Expense Total Operating Expenses Income From Operations Other Revenues and Gains Gain on Disposal of Plant Assets Other Expenses and Losses Interest Expense rinnnn Income Before Income Taxes Income Tax Expense Net Income / Loss