78,000 Investments 80.000 3 Given the following account nformation for XYZ Company's adjusted trial balanco as of 12/31/21 4 prepare D) Multiple step income statement for the year endead 12/31/21 2) Classified balance sheet 12/31/2014 Cash 107ooo 62,000 ADA 5000 Inventory Prepaid insurance 16,000 83.000 land Buildings Egrupment 100,000 AD- Bid 15,000 AD - Equipment 12,000 Franchise 12,000 A. Payable 24,000 Interest Payable 1,000 Solaries Payable 2,000. Inom tax payable 23,000 Note Payable Bond Payable Total SE Dividends 85,000 Revenue 314,000 Rent Revenue 38,000 COGS 140,000 +40,066 Selling expense 26,000 Adithishana Exp167000 65,000 14:00a 70000 396,000 Interest Exp 1,000 Restructing costs 15,600 Income toffe Exp 23,000 Loss on sale 5,000 91400d 914000 Additional info: 9 Prepaid inscrane represente Byear insurance policy effect 1122 2), Ingst ment are available for sale Securities expected be held longer than one year. There are no unrealed 3) Note payable is a month note issued on 12/01/21 4) Bord Payable of 70,000 are due. Nov. 30, 2028 5) Total SE As of 12/31/20. Common Stock shares authorized 50,000 hores issued at an issue price of $4.5 $4,50 The balance in St is av ege Gweigleted average common shares outstandi is 50000 value $2,300.000 appar