During January 2024 , the following transactions occur: January 2 Sold gift cards totaling $11,600. The cards are redeenable for merchandise within one year of the January 6 Purchase additional inventory on account, \$165,000. ACME uses the perpetual inventory system. purchase date. January 15 Firework sales for the first half of the month total $153,000. All of these sales are on account. The cost of the units sold is $82,800. January 23 Receive $127,260 fron customers on accounts receivable. January 25 Pay $108,000 to inventory suppliers on accounts payable. January 28 write off accounts receivable as uncollectible, $6,600. January 30 Firework sales for the second half of the nonth total $161,600. Sales include $18,600 for cash and $143,600 on account. The cost of the units sold is $88,500. January 31 pay cash for monthly salaries, $53,880. Exercise 8-19 (Algo) Part 4 4. Prepare a multiple-step income statement for the period ended January 31, 2024. During January 2024 , the following transactions occur: January 2 Sold gift cards totaling $11,600. The cards are redeenable for merchandise within one year of the January 6 Purchase additional inventory on account, \$165,000. ACME uses the perpetual inventory system. purchase date. January 15 Firework sales for the first half of the month total $153,000. All of these sales are on account. The cost of the units sold is $82,800. January 23 Receive $127,260 fron customers on accounts receivable. January 25 Pay $108,000 to inventory suppliers on accounts payable. January 28 write off accounts receivable as uncollectible, $6,600. January 30 Firework sales for the second half of the nonth total $161,600. Sales include $18,600 for cash and $143,600 on account. The cost of the units sold is $88,500. January 31 pay cash for monthly salaries, $53,880. Exercise 8-19 (Algo) Part 4 4. Prepare a multiple-step income statement for the period ended January 31, 2024