Cusick Department Store is located near the Village Shopping Mall. At the end of the companys calendar year on December 31, 2012, the following accounts appeared in two of its trial balances.

Accounts payables $ 80300 Accounts Recivables $50300 Accumulates dep- building $52500 Accumulated dep- Equipmnt $42900 Building $290000 cash $23800 CGS $412700 Depreciation exp $ 23700 Equipmnt $ 110000 insurance expense $ 7200 Interest expense $ 12000 interest payable $ 9000 interest revenue $ 4000 inventory $75000 mortgage payable $80000 owner's capital $ 176600 owner's drawings $ 28000 prepaid insurance $ 2400 property tax expense $ 4800 property tax payables $ 4800 salaries and wages expense $ 108000 sales revenue $728000 sales commission expense $14500 sales commission payable $ 4300 sales returns $ 8000 utilities expense $ 12000

Prepare multi step income statement and closing entries..