Gregory Cafe prepared the following trial balance at its year end of November $30,2021.$ The company is owned by Bruce Gregory.

Gregory Cafe

Trial Balance

November $30,2021$

Account Titles DR CR

Cash $$14,300$

Accounts Receivable $$6,300$

Inventory$-$Food $$6,600$

Prepaid Expenses $$2,200$

Equipment $$40,100$

Accumulated Depreciation $$2,100$

Accounts Payable $$6,400$

Unearned Revenue $$5,100$

Bank Loan $$9,000$

Gregory, Capital $$39,230$

Gregory, Withdrawals $$1,800$

Sales Revenue $$54,170$

Gain on Sale of Equipment $$4,300$

Cost of Sales $$17,500$

Advertising Expense $$1,200$

Depreciation Expense $$2,100$

Interest Expense $$800$

Rent Expense $$14,900$

Salaries & Wages Expense $$12,500$

Total $$120,300$ $$120,300$

Notes: Assume the balance of owner's equity is the opening balance. The bank loan is payable over $10$ years in equal annual installments.

Required

a$)$ Prepare a multi$-$step income statement using the trial balance.