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M6-13 Preparing a Multistep Income Statement [LO 6-6] Sellall Department Stores reported the following amounts...

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M6-13 Preparing a Multistep Income Statement [LO 6-6] Sellall Department Stores reported the following amounts in its adjusted trial balance prepared as of its December 31 year-end: Administrative Expenses, $2,500: Cost of Goods Sold, $23,220; Income Tax Expense, $3,120; Interest Expense, $1,600; Interest Revenue, $200; General Expenses, $2,700; Net Sales Revenue, $38,915; and Delivery (freight-out) Expense, $310 Prepare a multistep income statement for distribution to external financial statement users. SELLALL DEPARTMENT STORES Income Statement For the Year Ended December 31

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