2. The following show the income statement accounts and balances for Penn Company as of December 31, 2022. Purchases (7 pts.) $242,600 Rent Expense $39,000 Sales returns and allowances 15,000 Sales discount 7,000 Purchase returns and allowances 8,000 Freight-In 5,000 Salaries and wages expense 48,200 Sales revenue 362,000 Beginning Inventory 42,000 Purchases discounts 9,000 Ending Inventory 53,000 Interest Income: 1,900 Required: Prepare a multiple-step income statement balance for the company with the proper heading.