Cusick Department Store is located near the Village Shopping Mall. At the end of the company's 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..