Information from the adjusted trial balance of Apple Inc. for the year ended December 31, 2022, appears below: Debits Credits Purchases $880,000 Accounts receivable.. 138,000 Salaries and wages. 270,000 Equipment. 466,000 Depreciation Expense 80,000 Cash.. 290,000 Interest expense 20,000 Marketing expenses. 30,000 Sales revenue. $700,000 Accounts payable.. 79,000 Notes payable 200,000 Interest revenue . 60,000 Common Stock. 300,000 Gain on sale of land.. 75,000 Accumulated depreciation 270,000 Apple had a beginning inventory of $125,000 and an ending inventory of $60,000. Required: Using the next page, prepare a multiple-step income statement for 2022. Show computation for COGS. Ignore income taxes. a) COGS calculation b) The multiple-step income statement heading is provided below. Apple Inc. Income Statement For the Year Ended December 31, 2022