The following is a list of the accounts and balances taken from the adjusted trial balance at December 31, 2014 for Meilleur Merchants. The list of accounts is in alphabetical order.

Meilleur uses a periodic inventory system.

		Account		Balance   Dec. 31
1		Accounts payable		(15,000	)
2		Accounts receivable		30,000
3		Accumulated depreciation—building		(15,500	)
4		Accumulated depreciation—equipment		(10,000	)
5		Advertising expense		4,100
6		Building		84,600
7		S. Meilleur, capital		(75,000	)
8		S. Meilleur, drawings		28,300
9		Cash		8,790
10		Depreciation expense		5,700
11		Equipment		24,500
12		Freight out		630
13		Freight in		3,500
14		Insurance expense		1,250
15		Interest expense		2,220
16		Interest revenue		(1,440	)
17		Land		12,000
18		Merchandise inventory, beginning		90,200
19		Mortgage payable		(57,600	)
20		Prepaid insurance		2,100
21		Property tax expense		1,000
22		Property taxes payable		(600	)
23		Purchase discounts		(6,300	)
24		Purchase returns and allowances		(14,900	)
25		Purchases		267,900
26		Rent revenue		(1,500	)
27		Salaries expense		41,400
28		Salaries payable		(650	)
29		Sales		(421,900	)
30		Sales discounts		15,500
31		Sales returns and allowances		17,700
32		Unearned revenue		(23,000	)
33		Utilities expense		2,000

Additional information: According to the year end physical count, the merchandise inventory had a balance of $104,700.

Prepare a multiple-step income statement for Meilleur Merchants for the year ended December 31, 2014.