Following is the trial balance for Coates Corpration on 12/31/2020 Cash $42,000 Accounts Receivable 67,500 Allowance for Doubtful Accounts $5,000 Prepaid Rent 15,000 Inventory 100,000 Equipment 60,000 Accumulated Depreciation - Equipment 30,000 Building 90,000 Accumulated Depreciation - Building 9,000 Unearned Revenue 25,000 Accounts Payable 18,000 Salaries Payable 4,000 Common Stock, $0.1 par, 1 million shares authorized, 700,000 70,000 issued and outstanding Retained Earnings 187,500 Dividends 23,500 Sales 350,000 Cost of Goods Sold 185,000 Salaries Expense 50,000 Bad Debt Expense 10,500 Rent Expense 20,000 Insurance Expense 18,000 Depreciation Expense - Equipment 2,000 Depreciation Expense - Building 5,000 Loss on sale of equipment 10,000 $698,500 $698,500 REQUIRED - Prepare a multiple-step income statement, statement of retained earnings, and classified balance sheet in proper form.