Exercise 3-15 Single-step and multistep income statements LO 3-3 The following information was taken from the accounts of Healthy Eats, a delicatessen, at December 31 2014. The accounts are listed in alphabetical order, and each has a normal balance. S 601 401 200 411 201 600 69 Merchandise inventory440 41 636 1,010 140 100 46 Accounts payable Accounts receivable Advertising expense Cash Common stock Cost of goods sold Interest expense Prepaid rent Retained earnings Sales revenue Salaries expense Rent expense Loss on sale of land