Exercise 13.3 Preparing a classified income statement. LO 13-1 The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise inventory amounted to $59,775 on January 1, 2019, and $52,725 on December 31, 2019. The expense accounts numbered 611 through 617 represent selling expenses, and those numbered 631 through 646 represent general and administrative expenses. Accounts 401 Sales $ 248,900 Cr. 451 Sales Returns and Allowances 4,350 Dr. 491 Miscellaneous Income 400 Cr. 501 Purchases 103,600 Dr. 502 Freight In 1,975 Dr. Purchases Returns and 503 3,600 Cr. Allowances 504 Purchases Discounts 1,800 Cr. 611 Salaries Expense-Sales 45,300 Dr. 614 Store Supplies Expense 2,310 Dr. Depreciation Expense-Store 1,510 Dr. Equipment 631 Rent Expense 13,500 Dr. 634 Utilities Expense 3,000 Dr. 637 Salaries Expense-Office 21,100 Dr. 640 Payroll Taxes Expense 6,000 Dr. Depreciation Expense-Office 570 Dr. Equipment 646 Uncollectible Accounts Expense 720 Dr. 691 Interest Expense 740 Dr. 617 Deprec Prepare a classified income statement for this firm for the year ended December 31, 2019. BRIDGET'S OFFICE SUPPLIES Income Statement Operating revenue Net sales Cost of goods sold Total merchandise available for sale 0 Operating expenses Selling expenses Total Selling Expense General and Administrative Expenses Total general and admin. expenses Total operating expenses Other income Other expense ts