From the adjusted trial balance for Bonneau Enterprises given below, prepare the multi$-$step income statement:

Bonneau Enterprises

Adjusted Trial Balance

December $31$

Debit Credit

Cash $$109,400$

Accounts receivable $($current asset$)275,000$

Merchandise inventory $($Current Asset$)($Not on this statement$)360,000$

Office supplies $800$

Store equipment $85,000$

Accumulated depreciation$$store equipment $$25,000$

Office equipment $50,000$

Accumulated depreciation$$office equipment $15,000$

Accounts payable $($Current liability$)420,000$

Notes payable $10,000$

A$.$ Brookstone, Capital $($Equity$)144,350$

A$.$ Brookstone, Withdrawals $35,000$

Sales $3,025,000$

Sales discounts $60,000$

Sales returns and allowances $86,500$

Cost of goods sold $1,966,250$

Sales Salaries Expense $($selling expense$)320,500$

Advertising Expense $($Selling expense$)19,800$

Depreciation Expense $$ store equipment $($ G and A expense$)7,000$

Office Salaries Expense $($G and A expense$))210,100$

Rent Expense $($operating expense, G and A expense$)45,000$

Depreciation Expense $$ office equipment $($G and A expense$)3,000$

Interest expense $($Other Expense $)6,000$

Totals $$3,639,350$ $$3,639,350$