Green Corporation's capital structure consists of 50,000 shares of common stock. At December 31, 2018 an analysis of the accounts and discussions with company officials revealed the following information: Debit Credit $1,200,000 128,000 60,000 90,000 200,000 701,000 180,000 8,000 4,400 1,000 Sales revenue Selling expenses Cash Accounts receivable Common stock Cost of goods sold Accumulated depreciation-machinery Dividend revenue Unearned service revenue Interest payable Land Patents Retained earnings, January 1, 2018 Interest expense Administrative expenses Allowance for doubtful accounts Notes payable (maturity 7/1/20) Machinery Materials Accounts payable Income tax expense 370,000 100,000 290,000 17,000 170,000 5,000 200,000 450,000 40,000 60,000 57,600 Instructions Prepare a multiple-step income statement in good form; be sure to a proper title (i.e. heading)