The following income statement items are taken 9180 of Matthews Music Group for the year ending…

The following income statement items are taken 9180 of Matthews Music Group for the year ending December 31: Advertising expense …………. $ 6,210 Cost of sales …………….. 83,910 Income tax expense …………… 2,250 Insurance expense …………… 3,960 Interest expense ……………. 4,115 Interest revenue ……………… 6,055 Rent expense …………….. 11,410 Salaries expense…………….. 28,525 Sales …………………. 153,010 Supplies expense……………. 5,600 Required Prepare a multi-step income statement for the year ending December 31.

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