Following are the accounts and balances, in alphabetical order, from the adjusted trial balance of McCall Corporation at December 31, 2020. All of the accounts have normal balances. $ Accounts payable Accounts receivable Accumulated depreciation-building Accumulated depreciation-equipment Advertising expense Allowance for doubtful accounts Amortization expense Bond sinking fund Bonds payable (due in 2035) Building Cash Common stock Cost of goods sold Deferred revenue Depreciation expense Dividend revenue Dividends Equipment Gain on sale of equipment Income tax expense Income tax payable Insurance expense Interest expense Interest payable Inventory Investments Land Notes payable Patents Rent expense Retained earnings, December 31, 2019 Salaries expense Salaries payable Sales revenue Trademark Utility expense 24,300 62,200 64,100 41,700 45,600 8,800 4,200 33,000 100,000 320,600 49,300 400,000 296,300 13,700 53,900 3,200 14,000 265,800 9,100 28,500 5,500 27,100 12,700 3,400 70,900 56,700 150,000 70,000 17,000 48,000 204,800 119,200 38,600 728,600 25,000 15,800 Additional information: 1. The $150,000 balance in the Land account consists of $110,000 for the cost of land where the company's office building is located. The remaining $40,000 represents the cost of land being held for speculation. 2. The $56,700 balance in the Investments account represents an investment in the common stock of another company. McCall intends to sell one-third of the stock during 2021. 3. The Notes Payable account consists of a $20,000 note that is due in six months and a $50,000 note that is due in five annual installments of $10,000 each, with the first payment due in August of 2021. 4. The company had 20,000 shares of common stock outstanding throughout 2020. REQUIRED: a. Prepare a multiple-step income statement for the McCall Corporation for the year ended December 31, 2020, in good form. b. Prepare a classified balance sheet for the McCall Corporation at December 31, 2020, in good form