ACCT 1070 Ous No 17 Gubjective Marks The following is Mariam Industries' Adjusted Trial Balance for the year ended December 31, 2019. Mariam Industries Adjusted Trial Balance December 31, 2019 Account Titles DR CR Accounts Payable $9,000 Accumulated Depreciation 6,800 Cash $50,000 Cost of Goods Sold 70,000 Candez, Capital 17,600 Depreciation Expense 3,900 Interest Revenue 6,300 Notes Payable 45,000 Prepaid Insurance 4,600 Prepaid Rent 12,100 Mark for Review & Next Clear Response Type here to search H Prepaid Rent 12.100 Equipment 55,000 Rent Expense 6,400 Sales Discounts 1300 Sales Returns and Allowances 1450 Sales Revenue 122,750 Unearned Revenue 4,500 Utilities Expense 2,600 Wages Expense 9,300 Wages Payable 4,700 Total $216,650 $216,650 *$18,000 of the notes payable is due within one year. Required: a) Prepare a Multi-step Income Statement b) Calculate the Gross Profit Margin Mark for Review & Next Clear Response Type here to search