3. (10 points) From the adjusted trial balance for Jack Enterprises given below, prepare the multi- step income statement: Bonneau Enterprises Adjusted Trial Balance December 31 Debit Credit Cash Accounts receivable $109,400 275,000 Merchandise inventory 360,000 Office supplies 800 Store equipment 85,000 Accumulated depreciation-store equipment $33,500 Office equipment 50,000 Accumulated depreciation-office equipment 20,000 Accounts payable Notes payable A. Brookstone, Capital 420,000 10,000 144,350 A. Brookstone, Withdrawals Sales Sales discounts Sales returns and allowances Cost of goods sold 35,000 3,025,000 60,000 86,500 1,966,250 Sales Salaries Expense 320,500 Advertising Expense 19,800 Depreciation Expense - store equipment 8,500 Office Salaries Expense 210,100 Rent Expense 55,000 Depreciation Expense - office equipment 5,000 Interest expense 6,000 $3,652,850 Totals $3,352,850