Nicholas Company had the following Adjusted Trial Balance for the month ended May $31,2016.$

$\backslash$table$[[\backslash$table$[[$Nicholas Com$],[$Adjusted Trial B$],[$May $31,201]],$ance,$],[$Account Names,Debit,Credit$],[$Cash$,$$$337,100,],[$Petty Cash Fund,$5,000,],[$Accounts Receivable,$24,200,],[$Merchandise Inventory, $5/1/16,57,500,],[$Store Supplies,$11,700,],[$Office Supplies,$3,500,],[$Prepaid Insurance,$3,208,],[$Land$,37,000,],[$Forklift$,32,800,],[$Accumulated Depreciation, Forklift,,$$800$ Prepare the multi$-$step income statement