On January I, 2016, Carnival Clothiers, Inc. (a clothing wholesaler) entered its fifth year of operations. Excerpts from the corporation's December 31, 2016 accounting records showed the following balances (all items are as of December 31, 2016 unless otherwise noted and are the usual DR or CR balance for accounts of that type): In the space provided below, prepare a Multiple - Step Income Statement for the year ended December 31, 2016. Be sure to include an appropriate heading, all applicable totals and subtotals