Mackey Department Store is located near the Village Shopping Mall. At the end of the company's calendar year on December 31, 2017 this is the adjusted trial balance Account Cash Accounts Receivable Debit Credit $23,800 50,300 75,000 2,400 290,000 110,000 Inventory Prepaid Insurance Buildings Equipment Accumulated Deprec.-Equip. Accounts Payable Sales Commissions Payable Mortgage Payable Interest Payable Property Taxes Payable Mackey, Capital Mackey, Drawings Sales Revenue Sales Returns and Allowances Cost of Goods Sold Insurance Expense Salaries and Wages Expense Utilities Expense Totals 42,900 80,300 4,300 80,000 9,000 4,800 176,600 26,500 728,000 8,000 412,700 7,200 108,000 12,000 1,125,900 1,125,90 Instructions: 1. Prepare the multi-step income statement. Mackey Department Store is located near the Village Shopping Mall. At the end of the company's calendar year on December 31, 2017 this is the adjusted trial balance Account Cash Accounts Receivable Debit Credit $23,800 50,300 75,000 2,400 290,000 110,000 Inventory Prepaid Insurance Buildings Equipment Accumulated Deprec.-Equip. Accounts Payable Sales Commissions Payable Mortgage Payable Interest Payable Property Taxes Payable Mackey, Capital Mackey, Drawings Sales Revenue Sales Returns and Allowances Cost of Goods Sold Insurance Expense Salaries and Wages Expense Utilities Expense Totals 42,900 80,300 4,300 80,000 9,000 4,800 176,600 26,500 728,000 8,000 412,700 7,200 108,000 12,000 1,125,900 1,125,90 Instructions: 1. Prepare the multi-step income statement