5-3A (Part Level Submission) Starz Department Store is located near the Towne Shopping Mall. At the end of the companys calendar year on December 31, 2014, the following accounts appeared in two of its trial balances. Unadjusted Adjusted Unadjusted Adjusted Accounts Payable $ 79,300 $ 80,300 Interest Revenue 4,000 4,000 Accounts Receivable 50,300 50,300 Inventory 75,000 75,000 Accumulated Depr.Buildings 42,100 52,500 Mortgage Payable 80,000 80,000 Accumulated Depr.Equipment 29,600 42,900 Prepaid Insurance 9,600 2,400 Buildings 290,000 290,000 Property Tax Expense 4,800 Cash 23,800 23,800 Property Taxes Payable 4,800 Common Stock 112,000 112,000 Retained Earnings 64,600 64,600 Cost of Goods Sold 412,700 412,700 Salaries and Wages Expense 108,000 108,000 Depreciation Expense 23,700 Sales Revenue 724,000 724,000 Dividends 24,000 24,000 Sales Commissions Expense 10,200 14,500 Equipment 110,000 110,000 Sales Commissions Payable 4,300 Insurance Expense 7,200 Sales Returns and Allowances 8,000 8,000 Interest Expense 3,000 8,600 Utilities Expense 11,000 12,000 Interest Payable 5,600 Prepare a multiple-step income statement (List other revenues before other expenses). (a) Prepare a multiple-step income statement. (List other revenues before other expenses.) STARZ DEPARTMENT STORE Income Statement For the Year Ended December 31, 2014 DividendsExpensesNet Income / (Loss)Retained Earnings , December 1, 2012Retained Earnings , December 31, 2012Sales RevenueTotal ExpensesTotal RevenuesNet SalesGross ProfitOperating ExpensesTotal Operating ExpensesIncome from OperationsOther Revenues and GainsOther Expenses and Losses $ Add Less : Dividends Expenses Net Income / (Loss) Retained Earnings , December 1, 2012 Retained Earnings , December 31, 2012 Sales Revenue Total Expenses Total Revenues Net Sales Gross Profit Operating Expenses Total Operating Expenses Income from Operations Other Revenues and Gains Other Expenses and Losses DividendsExpensesNet Income / (Loss)Retained Earnings , December 1, 2012Retained Earnings , December 31, 2012Sales RevenueTotal ExpensesTotal RevenuesNet SalesGross ProfitOperating ExpensesTotal Operating ExpensesIncome from OperationsOther Revenues and GainsOther Expenses and Losses DividendsExpensesNet Income / (Loss)Retained Earnings , December 1, 2012Retained Earnings , December 31, 2012Sales RevenueTotal ExpensesTotal RevenuesNet SalesGross ProfitOperating ExpensesTotal Operating ExpensesIncome from OperationsOther Revenues and GainsOther Expenses and Losses $ Dividends Expenses Net Income / (Loss) Retained Earnings , December 1, 2012 Retained Earnings , December 31, 2012 Sales Revenue Total Expenses Total Revenues Net Sales Gross Profit Operating Expenses Total Operating Expenses Income from Operations Other Revenues and Gains Other Expenses and Losses DividendsExpensesNet Income / (Loss)Retained Earnings , December 1, 2012Retained Earnings , December 31, 2012Sales RevenueTotal ExpensesTotal RevenuesNet SalesGross ProfitOperating ExpensesTotal Operating ExpensesIncome from OperationsOther Revenues and GainsOther Expenses and Losses DividendsExpensesNet Income / (Loss)Retained Earnings , December 1, 2012Retained Earnings , December 31, 2012Sales RevenueTotal ExpensesTotal RevenuesNet SalesGross ProfitOperating ExpensesTotal Operating ExpensesIncome from OperationsOther Revenues and GainsOther Expenses and Losses DividendsExpensesNet Income / (Loss)Retained Earnings , December 1, 2012Retained Earnings , December 31, 2012Sales RevenueTotal ExpensesTotal RevenuesNet SalesGross ProfitOperating ExpensesTotal Operating ExpensesIncome from OperationsOther Revenues and GainsOther Expenses and Losses DividendsExpensesNet Income / (Loss)Retained Earnings , December 1, 2012Retained Earnings , December 31, 2012Sales RevenueTotal ExpensesTotal RevenuesNet SalesGross ProfitOperating ExpensesTotal Operating ExpensesIncome from OperationsOther Revenues and GainsOther Expenses and Losses $ Click if you would like to Show Work for this question: Open Show Work Modify Show Work Show List of Accounts Link to Text Link to Text Attempts: 0 of 3 used Save for later Submit Answer (b)