AutoSave OFF Tell me 28-0. BESUE Chapter 5 natalia cruz albaladejo-Saved to my Mac Home Insert Draw Page Layout Formulas Data Review View X Share Come Caibri (Bodyl A A Number Paste a.A- Delete $ % ) 22 Conditional Format Cell Formatting as Table Styles Find de F140 Xfx 1800 Select B D E F TUZ G H K 163 c. Use the following accounts to prepare a multiple step income statement of Magaly's Cake LLC for the year ended December 31, 2018 Value 55 pts. 164 165 166 Beginning Inventory Answer Shoot to prepare the multiple step income statement $ 375,000.00 167 Depreciation Expense $ 14,000.00 168 Ending Inventory $ 413,000.00 169 Freight out $ 7,800.00 170 Freight-in 21,000.00 171 Gain on sale of equipment $ 18,000.00 172 Insurance Expense $ 8,500.00 173 Interest Expense $ 8,900.00 174 Interest Revenue $ 3,600.00 175 Loss on sale of building $ 95,600.00 176 Property Tax Expense $ 15,600.00 177 Purchase Discounts 5 18,900.00 Purchases $ 680,000.00 179 Purchases Return and Allowances $ 28,000.00 180 Rent Expense $ 3,600.00 181 Salaries and Wages Expense $ 98,500.00 182 $2,500,000.00 Sales Commission Expense 12,500.00 184 Sales Discounts $ 4,500.00 185 Sales Return and Allowances $ 12,000.00 186 Utilities Expense $ 15,600.00 187 Chapter + $ 178 Sales $