12 of 14 The adjusted trial balance of Culver Company for the year ended Dece Debit Credit Cash $5,800 Accounts Receivable 3,000 Note Receivable (due February 20, 2023) 2,300 Inventory 5,300 Timberland 24,000 Land Equipment Patents 12,200 37,800 10,600 Accumulated Depletion Allowance for Doubtful Accounts $3.900 900 Accumulated Depreciation-Equipment 8,600 Notes Payable (due January 15, 2023) 5,200 Accounts Payable 2,600 Owner's Capital 67.500 Sales Revenue 59.000 80 9 14 15 MacBook Ar uestion 12 of 14 education.wiley.com NWP Assessment Player Ul Application Sales Revenue 59,000 Interest Revenue 400 Cost of Goods Sold 24,900 Salaries and Wages Expense 11,400 Depreciation Expense 3,200 Amortization Expense 2,500 Research and Development Expense 1.200 Bad Debt Expense 900 License Expense 200 Interest Expense 900 Loss on Disposal of Plant Assets 1.900 $148.100 $148.100 Total Prepare a multiple-step income statement for 2022 CulverCompany Income Statement MacBook An CulverCompany Income Statement S Macbook Th 3 9 47 & 9 8 00 61 O E R T Y 5 A D F G H JK 4 5 X C V B N M H 26 mand V