A. Make an income statement (multiple step), using the selected financial statement information and additional data for Stanislaus Co. presented below. Balance sheet: December 31 2015 Accounts receivable Inventory . Lani Equipment _ Accumulated depreciation _ Accounts payable Notes payable - short-term_..__..__.. _ Notes payable - long-term _ Common stock Retained earnings _ Accounts receivable Allowance for doubtful Inventory . Lani Eq uipment Accumulated depreciation.__..__..__..___..__ Accounts payable Notes payable - Notes payable - long-term Common stock Retained earnings _ Sales revenue _ _ Cost of goods Salary Advertising _ bepreciation Bad debt Other expense____ _ Additional data for 2016: $52,000 64,000 178,000 78,800 504 ooo $94,000 67,200 178,000 420,000 67 200 Trial balance December 31, 2016 $60,000 75,000 4,500 148,000 58,600 620,000 48,300 24,200 154,000 67,200 630,500 285,000 95,000 14,600 10,000 2,500 . 20,000 Land was sold at its original cost. Equipment was purchased Notes were repaid