ACC1820- MANAGERIAL ACCOUNTING Project # 1: Merchandise Accounting Review Part 3: Multi-step Income Statement-5 Points The records o f Grade A Steak Company list the following selected accounts for he quarter ended April 30, 2015: 33,500 Inventory 45,100Accounts receivable 53,300 2400 Angus, Capital, Jan 31 Sala ble 7,600 Sales returns & allowances 7,500 Cash 130,600 Sellin 38,300 Equipment Unearned sales revenue 13,300 Interest payable 1,200 Requirements: 1. Prepare a multi-step income statement Grade A Steak Company Income Statement For the quarter ended April 30, 2015