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0 A st 0 s. of $2 dis or fai is es ut. fe at 24 56 11 13 14 16 18 20 23 20 27 29 30 own 5613468 Apr. 2 u are r by the due date. 0 and Common Stock 0, terms 1/10, n/30. 0, n/30 6 $500 d on April 4 13 hase of April 14, $500 point, terms 2/10, n/30 d a cost of $4.120 14 $90 mdse sold was $2,800 s Recbl, Inventory, Accts ales Discounts, Cost of 4 16 18 ts 20 23 receive 26 27 29 30 27 Sales 29 Profit 307,300 30 Total Operating Exp 170,200 137,100 P5-3B Mackey Department Store is located near the Vilage Shapping Mall At the end of the company's Other Revenue & Gains S 4,000 75.000 80 000 2.400 4,800 4 800 64,600 108,000 14 500 4 300 8,000 728000 12,000 S 80.300 Interest Revenue Recelvable Other Expenses & Losses Net l 129,100 290,000 Property Tax Expense 23,800 Property T 112,000Retained Earnings 412,700 23,700 28 000 110,000 7,200 Salaries and Wages Expense Sales C Sales Returns and Allowances s Expense Retained Earnings Statement For the Year Ended December 31, 2017 64,600 129,100 193,700 28,000 Add: Net Income 12,000Utilities Expense Interest Payable 9,000 lal Preoare a PEVNCK NC. Balance Sheet FYI: PR 456,100 12 In 15 Ca 17 Inv Total Liab & Stkhldrs Eqty 456,100 Gross Profit 307,300 P5-3B Mackey Department Store is located near the Village Shopping Mall. At the end of the company's Total Operating Exp 170,200 137,100 S.30,300Interest Revenue 50.300 nventory 52 500Mortgage Payable 42,900Prepaid Insurance S 4,000 75,000 80,000 2,400 4 800 4,800 Accounts Receivable & Losses Net Income 129,100 290,000 Property Tax Expense 23800Property Taxes Payable 112,000 Cost of Goods Sold 412.700Salaries and Wages Expense 108,000 23,700 Sales Commissions Expense 14 500 Expense Sales C 28,000 110,000 7.200 12,000 9,000 4.300 8,000 For the Year Ended December 31, 2017 Equipment Sales Returns and Allowances Sales Revenue 64,600 728,000 12,000 Add: Net income 129,100 193,700 28,000 Retained Earnings, December 31 166,700 Utilities Expense Less: Dividends (a) Prepare a multiple-step income a classified balance sheet Note $25,000 of the mortgage payable is due for payment next year (the balance is BELOW