Below is a partial listing of the adjusted account balances of Pacific Department Store at year end on December 31, 2017. Accounts Receivable Cost of Goods Sold Selling Expenses (includes depreciation) Interest Expense Accumulated Depreciation-Building Sales Discounts Unearned Service Revenue Inventory Administrative Expenses (includes depreciation) Sales Revenue Accounts Payable Interest Revenue $31,500 $322,500 $40,500 $1,200 $49,500 $19,500 $42,000 $55,500 $27,000 $495,000 $13,500 $900 Instructions: Using the data provided as appropriate, prepare a multiple-step income statement for Pacific Department Store for the year ended December 31, 2017. Justify your answers by giving a reasonable argument.