Culinary Creations Beef Company uses a perpetual inventory system. The records of Culinary Creations Beef Company list the following selected accounts for the quarter ended April 30, 2018: (Click the icon to view the accounts.) Read the requirements. Data Table Requirement 1. Prepare a single-step Income statement. S 200 S 17,600 Culinary Creations Beef Company Income Statement Quarter Ended April 30, 2018 46,300 45,000 Accounts Payable Accounts Receivable Accumulated Depreciation Equipment Fisher, Capital Fisher, Withdrawals Cash 35,600 37,200 57,830 27,000 2,900 291,000 7,900 Interest Revenue Merchandise Inventory Notes Payable, long-term Salaries Payable Net Sales Revenue Rent Expense (Selling) Salaries Expense (Administrative) Office Supplies Unearned Revenue Interest Expense Depreciation Expense-Equipment (Administrative) Utilities Expense (Administrative) Delivery Expense (Selling) 21,600 1,700 6,600 142,590 * Requirements 134,000 1,400 13,300 1,900 Cost of Goods Sold Equipment Interest Payable Rent Expense (Administrative) Salarles Expense (Selling) Utilities Expense (Selling) 1. Prepare a single-step income statement. 2. Prepare a multi-step income statement 3. M. Fisher, manager of the company strives to earr a gross profit percentage of at least 50%. Did Culinary Creations achieve this goal? Show your calculations. 1,340 3,900 3,600 9,200 5,900 10,500 Print Done Print Done Choo! ? parts 5 remaining Clear All Check