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Prepare multi-step income statement for Green Corporation

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Question - Prepare multi-step income statement for Green Corporation for year ending 2019 based on the below information. This is the first year of operations for the corporation. All amounts in C$.

Inventory 508,000

Salary expense 180,000

Sales revenue 1,074,000

Interest payable 90,000

Cost of goods sold 445,000

Income tax expense 65,000

Cash 105,000

Supplies expense 18,000

Interest expense 15,000

Insurance expense 10,000

Reference no: EM133179582

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