The Following Information Is Available For Quayle Company

The following information is available for Quayle Company:
           Sales                                                                                   $600,000
           Sales Returns and Allowances                                               20,000
           Cost of Goods Sold                                                              398,000
           Selling Expense                                                                      69,000
           Administrative Expense                                                          25,000
           Interest Expense                                                                     19,000
           Interest Revenue                                                                    20,000

Use the above information to make a multiple-step income statement for the year ended December 31, 2016.

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