Account Debit Credit Cash $1,300 Merchandise inventory 46,000 Store supplies 18,900 Store equipment 147,600 Accumulated depreciation, store equipment 29,000 Accounts payable 12,000 Nymeth Sarda, capital 158,800 Nymeth Sarda, withdrawals 2,000 Sales 342,200 Sales discounts 3,000 Sales returns and allowances 9,000 Cost of goods sold 111,600 Sales salaries expense 94,000 Rent expense, selling space 12,000 Office supplies expenses 1,000 Rent expense, office space 56,000 Advertising expense 39,600 Totals $542,000 $542,000 Required Prepare a classified multi-step income statement. (15 marks)