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Noodles Unlimited, Inc. sells swimming pool toys. The fo 1 Noodles unlimited, Inc. sellsswimming pool toys. The following adjusted trial balance 2 is for the

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Noodles Unlimited, Inc. sells swimming pool toys. The fo 1 Noodles unlimited, Inc. sellsswimming pool toys. The following adjusted trial balance 2 is for the year ended December 31,201. 27 1. Prepare a multistep income statement that would be used for internal reporting purposes. 28 Note: When more than one correct account could appear in a cell, list items in order of largest to 29 smallest dollar amounts. Use cell referencing to select account titles and values. 30 All numbers should appear as positive numbers. 31 2. After entering the formula in cell B52, use the Excel If function to label cell A52 as either 32 "Net Income" or "Net Loss" as appropriate based on the value calculated in cell B52. 33 34 NOODLES UNLIMITED 35 Income Statement 36 For the Year Ended December 31, 20x1 38 Less: 39 40

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