Multi-step Income Statements The adjusted trial balance of Marshall Corporation on December 31, 2013 is shown below. MARSHALL CORPORATION Adjusted Trial Balance December 31, 2013 Debit Credit Cash 546,400 Accounts Receivable 95.200 Inventory 87.000 Prepaid Insurance 300 Furniture & Fixtures 32,000 Accumulated Depreciation furniture & fixtures $6,800 Delivery equipment 65,000 Accumulated depreciation delivery equip. $32,000 Accounts Payable 17,400 Common Stock 200,000 Retained Earnings 59,600 Sales Revenue 365,200 Cost of Goods Sold 214,800 Salaries Expense 92,000 Rent Expense 20,800 Utilities Expense 6,800 Insurance Expense 1,500 Multi-step Income Statements The adjusted trial balance of Marshall Corporation on December 31, 2013 is shown below. MARSHALL CORPORATION Adjusted Trial Balance December 31, 2013 Deble Credit Cash 546,400 Accounts Receivable 95.200 Inventory 87.000 Prepaid Insurance 300 Furniture & Fixtures 32,000 Accumulated Depreciation furniture & fatures 56,800 Delivery equipment 65,000 Accumulated depreciation delivery equip 532.000 Accounts Payable 17,400 Common Stock 200.000 Retained Earnings 59,600 Sales Revenue 365,200 Cost of Goods Sold 214,800 Salaries Expense 92.000 Rent Expense 20,800 Utilities Expense 6,800 Insurance Expense 1,500 Depreciation Expense Furniture & Fixtures 3.200 Depreciation Expense. Delivery Equipment 13.000 Income Tax Expense 3.000 Totals 5681,000 5681.000 Prepare a multi-step income statement for the year ended December 31, 2013. Combine all the operating expenses into one line on the income statement for selling general and administrative expenses