Information from the unadjusted trial balance of Electric Bike on December 31, 2020, the end of the annual accounting period, is as follows: Cash .......................................................... $ 8,200 Accounts receivable .................................. 22,765 Merchandise inventory ............................. 34,700 Store supplies ............................................ 2,465 Office supplies .......................................... 785 Prepaid insurance ...................................... 3,355 Equipment ................................................. 75,590 Accumulated depreciation, equipment ..... 13,755 Accounts payable ...................................... 8,100 Salaries payable ........................................ -0- Braeden Li, capital .................................... 170,715 Braeden Li, withdrawals ........................... 62,500 Interest income ......................................... 320 Sales .......................................................... 529,500 Sales returns and allowances .................... 5,170 Cost of goods sold .................................... 381,260 Salaries expense ........................................ 96,400 Rent expense ............................................. 29,200 Supplies expense ....................................... -0- Depreciation expense, equipment ............. -0- Insurance expense ..................................... -0- Required 1. Prepare unadjusted Trial Balance from the above information 2. Record adjusting entries for the following information. a. The records show that the equipment was estimated to have a total estimated useful life of 10 years with a resale value at the end of its life of $14,590. b. The balance in the Prepaid Insurance account was reviewed and it was determined that $260 was unused at December 31, 2020. c. A review of the store supplies on December 31, 2020, revealed a balance on hand of $2,030; a similar examination of the office supplies showed that $645 had been used. d. Accrued salaries payable, $1,850. e. A count of the merchandise inventory revealed a balance on hand December 31, 2020, of $33,890. 3. Using the above adjustments Prepare adjusted trial Balance 4. Using adjusted trial balance numbers, prepare a multiple-step income statement