The following amounts appeared on Plymouth Electronics’ adjusted trial balance as of December 31, 2020.

	Debit			Credit
Merchandise inventory	$	20,200
Other assets		494,785
Liabilities				$	319,370
Celine Plymouth, capital					251,840
Celine Plymouth, withdrawals		67,700
Sales					949,000
Sales discounts		15,280
Sales returns and allowances		6,415
Interest income					790
Cost of goods sold		722,500
Sales salaries expense		79,900
Office salaries expense		57,200
Rent expense, selling space		33,700
Rent expense, office space		3,700
Store supplies expense		1,690
Office supplies expense		770
Depreciation expense, store equipment		9,610
Depreciation expense, office equipment		3,460
Insurance expense		4,090
Totals	$	1,521,000		$	1,521,000

Required:
1. Prepare a 2020 classified multiple-step income statement for Plymouth Electronics.