Debit		Credit
Cash	$	126,550
Computer Equipment		50,000		50,000
Office Equipment		10,000		10,000
Common Stock				132,000
Rent Expense		3,200
Inventory		39,200
Prepaid Insurance		5,500
Sales				128,050
Cost of Goods Sold		79650
Office Supplies		2,000
Accumulated Depreciation				750
Insurance Expense		500
Office Supplies Expenses		3,450
Depreciation Expenses		750
Salary expenses		3,000
Salary expenses payable				3,000
Totals		323,800		323,800

create a multi-step income statement with the trial balance above. Less: Sales Discounts is 2,697