21.Using the following Trail Balance Prepare using Good Format: 40 POINTS a. MULTI-STEP INCOME STATEMENT b. STATEMENT OF RETAINED EARNINGS c. CLASSIFIED BALANCE SHEET ACCOUNTS ACCOUNTS PAYABLE ACCOUNTS RECEIVABLE ACCUMULATED DEPRECIATION BUILDING BEGINNING RETAINED EARNINGS BUILDING CASH COMMON STOCK COST OF GOODS SOLD DEPRECIATION EXPENSE- BUILDING DEBIT CREDIT 45,000 175,000 400,000 274,000 2,500,000 120,000 596,000 539,000 50,000 60,000 DIVIDENDS GAIN ON SALE OF ASSETS INCOME TAX EXPENSE NTEREST EXPENSE INVENTORY NOTE PAYABLE LONG TERM NOTE PAYABLE SHORT TERM PAYROLL TAX EXPENSE 10,000 77,600 3,500 44,000 1,300,000 24,000 18,360 240,000 SALARY EXPENSE 1,200,000 SALES SUPPLIES SUPPLY EXPENSE UNEARNED REVENUE 25,720 22,820 27,000 3,876,000 3,876,000 TOTALS