ASSIMILATION I. Prepare a Single-step Statement of Comprehensive Income for Highway Print Company with the following list of accounts for the year ended December 31, 2018. Service Fees P 105,000 Other Income P 12,300 Direct Cost of Services P 10,000 Salary Expense P 33,000 Rent Expense P 5,500 Supplies Expense P 1,300 Taxes and Licenses P 2,500 Utilities Expense P 1,500 Unearned Service Revenue P 8,000 Prepaid Expenses P 11,000 II. Prepare a Multi-step Statement of Comprehensive Income for Perry Dry Merchandising with the following list of accounts for the year ended December 31, 2018. Sales P 600,000 Sales Discounts P 11,000 Sales Returns and Allowances P 20,000 Cost of Goods Sold P 348,000 Salary Expense P 150,000 Rent Expense P 37,500 Supplies Expense P 8,750 Depreciation Expense P 7,350 General and Administrative Expense P 1,120 Unearned Service Revenue P 8,000 Prepaid Expenses P 11,000