Debit Credit Accounts Payable 13,000 Accounts Receivable 52,000 Accumulated Amortization- Equipment 10,500 Allowance for Doubtful Accounts 11,500 Amortization Expense 1,500 Bad Debts Expense 10,000 Cash 28,100 Cost of Goods Sold Expense 250,000 Ellis, Capital 113,700 Ellis, Withdrawals 5,000 Equipment 87,000 Interest Expense 5,000 Inventory 52,000 Miscellaneous expense 64,600 Note Payable (due in five years) 24,500 Office Supplies 13,000 Sales Revenue 380,000 Unearned Revenue 15,000 $568,200 $568,200 The company wants to prepare financial statements for its year ended December 31, 2019. Required (6 marks) Prepare a multi-step income statement for the year ended December 31, 2019 in good form. Note: Due to the limitations of D2L, double underlines will not an option but single underlines can be used