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(a) Prepare a multiple-step income statement and a classified balance sheet. (Prob 5-3A may help) *Note: $25,000 of the mortgage is due this year, in

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(a) Prepare a multiple-step income statement and a classified balance sheet. (Prob 5-3A may help) *Note: $25,000 of the mortgage is due this year, in 2017 . The balance is due next year, 2018. (a) Prepare a multiple-step income statement and a classified balance sheet. (Prob 5-3A may help) *Note: $25,000 of the mortgage is due this year, in 2017 . The balance is due next year, 2018

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