5. Below is the trial balance for Logan, Inc. for the year ended December 31, 201K. Prepare a multiple-step income statement in good form (proper format). (Check: Net income is greater than $40,000. (6 points) Logan, Inc. Adiusted Trial Balance December 31, 201K Cash Accounts receivable Merchandise inventory Ofce supplies 900 Store equipment 75,000 Accumulated depreciationstore equipment $22,000 Oice equipment 60,000 Accumulated depreciationofce equipment 15,000 Accounts payable 42,000 Notes payable Common stock Retained earnings Dividends Sales Sales discounts Sales returns and allowances Cost of goods sold Selling expenses 40,000 General and administrative expenses 19,800 Interest expense 600 Totals $519g51 $519g51