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Fit-for-Life Foods reports the following income statement accounts for the year ended December 31. $ 6,230 Depreciation expense-Office copier 640 Sales discounts Gain on sale of equipment Office supplies expense Insurance expense Sales 1,380 Sales returns and allowances, 218,000 TV advertising expense 31,300 Interest revenue Office salaries expense Rent expense-Selling space Sales salaries expense 10,500 Cost of goods sold 23,700 Sales commission expense Prepare a multiple-step income statement. Expenses Selling expenses FIT-FOR-LIFE FOODS Income Statement For Year Ended December 31 Total selling expenses General and administrative expenses r $ 500 15, 200 3,900 3,000 670 89,900 13,400

Fit-for-Life Foods reports the following income statement accounts for the year ended December 31 . Prepare a multiple-step income statement. \begin{tabular}{|c|c|c|} \hline & & Z \\ \hline & & \\ \hline & & \\ \hline \begin{tabular}{l} Expenses \\ Sellingeneng \end{tabular} & & \\ \hline \multicolumn{3}{|l|}{ Selling expenses } \\ \hline \\ \hline & & \\ \hline \multicolumn{3}{|l|}{} \\ \hline \\ \hline & & \\ \hline & & \\ \hline \begin{tabular}{|l|l|} Total solling expenses \\ \end{tabular} & + & \\ \hline \multicolumn{3}{|l|}{ General and administrative expenses } \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \multicolumn{3}{|l|}{ Total goneral and administrative expenses } \\ \hline \multicolumn{3}{|l|}{ Total expenses } \\ \hline & & \\ \hline \multicolumn{3}{|l|}{ Other revenues, gains, expenses \& losses } \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline Total other revenuos, gains, expenses & losses & & \\ \hline & & \\ \hline \end{tabular}

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