Exercise 3-15A (Algo) Single-step and multistep income statements LO 3-6 The following information was taken from the accounts of Green Market, a delicatessen, at December 31, Year 2. The accounts are listed in alphabetical order, and each has a normal balance. Accounts payable Accounts receivable Advertising expense Cash Common stock $ 609 409 200 419 209 Cost of goods sold 700 Interest expense 61 Merchandise inventory 360 Prepaid rent 49 Retained earnings, 1/1/Year 2 644 Sales revenue 1,090 Salaries expense 220 Bent expense 100 Gain on sale of land 341 Required Prepare an income statement for the year using the single-step and multistep approach Complete this question by entering your answers in the tabs below. Single step Multistep Prepare an income statement for the year using the single-step approach. (Enter any losses with a minus sign.)