Save-the-Earth Company reports the following income statement accounts for the year ended December 31.
Sales discounts
Office salaries expense
Rent expense-Office space
Advertising expense
Sales returns and allowances
Office supplies expense
Cost of goods sold
Sales
Insurance expense
Sales staff salaries expense
$ 750
2,000
1,500
500
250
500
9,000
20,000
1,000
2,500
Prepare a multiple-step income statement for the year ended December 31.