Information from the December 31, 2020, year-end unadjusted trial balance of Woodstock Store is as follows:

	Debit			Credit
Cash	$	3,590
Merchandise inventory		31,490
Store supplies		1,805
Office supplies		735
Prepaid insurance		4,050
Store equipment		57,705
Accumulated depreciation, store equipment				$	6,840
Office equipment		13,190
Accumulated depreciation, office equipment					6,640
Accounts payable					4,090
Zen Woodstock, capital					52,090
Zen Woodstock, withdrawals		31,590
Rental revenue					14,690
Sales					501,610
Sales returns and allowances		3,005
Sales discounts		5,280
Purchases		330,595
Purchase returns and allowances					2,230
Purchase discounts					4,815
Transportation-in		3,780
Sales salaries expense		34,800
Rent expense, selling space		24,090
Advertising expense		6,490
Store supplies expense		0
Depreciation expense, store equipment		0
Office salaries expense		27,720
Rent expense, office space		13,090
Office supplies expense		0
Insurance expense		0
Depreciation expense, office equipment		0
Totals	$	593,005		$	593,005

a. The balance on January 1, 2020, in the Store Supplies account was $534. During the year, $1,271 of store supplies were purchased and debited to the Store Supplies account. A physical count on December 31, 2020, shows an ending balance of $198. b. The balance on January 1, 2020, in the Office Supplies account was $68. Office supplies of $667 were purchased in 2020 and added to the Office Supplies account. An examination of the office supplies at year-end revealed that $626 had been used. c. The balance in the Prepaid Insurance account represents a policy purchased on September 1, 2020; it was valid for 12 months from that date. d. The store equipment was originally estimated to have a useful life of 12 years and a residual value of $1,545. e. When the office equipment was purchased, it was estimated that it would last 5 years and have no residual value. f. Ending merchandise inventory, 30,800. Required: Prepare a classified multiple-step income statement.