The adjusted trial balance of Nick Company contained the following information:

sales revenue- credit $570,000
sales returns and allowances- debit $15,000
sales discounts- debit $7,000
cost of goods sold- debit $323,000
freight out- debit $2,000
advertising expense- debit $15,000
interest expense- debit $18,000
salaries and wages expense- debit $85,000
utilities expense- debit $28,000
depreciation expense- debit $7,000
interset revenue- credit $27,000

A. Use the above information to prepare a multiple-step income statement for the year ended December 31, 2015.

B. Prepare a single-step income statement for the year ended December 31, 2015.