$2$ Noodles Unlimited, Inc. sells swimming pool toys. The following adjusted trial balance is for the year ended December $31$ Required:

Prepare a multi$-$step income statement that would be used for internal reporting purposes.

$\backslash$table$[[4,$Account Titles,Debits,Credits$],[15,$Cash,$$37,500,],[6,$Accounts Receivable,$28,600,],[7,$Inventory,$43,300,],[8,$Prepaid Rent,$2,000,],[9,$Equipment,$69,000,],[10,$Accumulated Depreciation,,$],[11,$Accounts Payable,,$$20,700$