Information from the December 31, 2020 year-end unadjusted trial balance of Woodstock Store is as follows: Credit Debit $ 3,580 31,480 1,795 725 4,040 57,695 6,830 13,180 6,630 4,080 52,080 31,580 14,680 501,600 Cash Merchandise inventory Store supplies Office supplies Prepaid insurance Store equipment Accumulated depreciation, store equipment Office equipment Accumulated depreciation, office equipment Accounts payable Zen Woodstock, capital Zen Woodstock, withdrawals Rental revenue Sales Sales returns and allowances Sales discounts Purchases Purchase returns and allowances Purchase discounts Transportation in Sales salaries expense Rent expense, selling space Advertising expense Store supplies expense Depreciation expense, store equipment Office salaries expense Rent expense, office space nf+ 4Pllar ananta 2,995 5,270 330, 675 2,220 4,805 3,770 34,790 24,080 6,480 27,710 13,080 24,080 6,480 Rent expense, selling space Advertising expense Store supplies expense Depreciation expense, store equipment office salaries expense Rent expense, office space office supplies expense Insurance expense Depreciation expense, office equipment Totals @ 27,710 13,080 @ $592,925 $592,925 a. The balance on January 1, 2020, in the Store Supplies account was $528. During the year. $1,267 of store supplies were purchased and debited to the Store Supplies account. A physical count on December 31, 2020, shows an ending balance of $196. b. The balance on January 1, 2020, in the Office Supplies account was $66. Office supplies of $659 were purchased in 2020 and added to the Office Supplies account. An examination of the office supplies at year-end revealed that $622 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 $1,775. 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, 30,600. Required: Prepare a classified multiple-step income statement. (Input all amounts as positive value. Do not round intermediate answer. Round your final answers to nearest whole dollar.) Help Save & E 1. WOODSTOCK STORE Income Statement For Year Ended December 31, 2020 pped 0 Cost of goods sold Cost of goods sold Cost of goods sold Operating expenses: Selling expenses: Total selling expenses General and administrative expenses Total general and administrative expenses Total operatina expenses Total general and administrative expenses Total operating expenses Other revenues and expenses