(NOTE THAT ALL ACCOUNTS HAVE THEIR NORMAL DEBIT OR CREDIT BALANCES) REQUIRED: a) A physical count on December 31,2017 revealed a merchandise inventory balance actually on hand of $32,000. Use this information to prepare only the part of a classified, multiple-step income statement unde the PERIODIC SYSTEM that shows the SALES, COST OF GOODS SOLD, and GROSS PROFIT SECTIONS fo the year ended December 31,2017. . 12 marks) (Use the next page to write your answer on)