In 2016, Kim Company sold land for $99,000 cash. The land had originally cost $46,000. Also, Kim sold inventory that had cost $188,000 for $291,000 cash. Operating expenses amounted to $33,000 Required a. Prepare a 2016 multistep income statement for Kim Company KIM COMPANY Income Statement For the year ended 31, 2016 Expenses Non-Operating Items b. Assume that normal operating activities grow evenly by 17% during 2017 Prepare a 2017 munstep income statement for Kim Company KIM COMPANY Income Statement For the year ended December 31, 2017 Expenses Non-Operating items