PLEASE ANSWER THIS AND SHOW ME THE ALL CALCULATION PROCESSES AS WELL

Laurence' Model Photography Studio has the following trial balance at their year end, March 31, 2020. Accounts payable Accounts receivable P S tuo Trial Much 31, 2020 Accumulated depreciation, office equipment Accumulated depreciation, store cash registrar Adveftising expense Depreciation expense, office equipment Depreciation expense, store cash registrar Sales &scounts Cost of goods sold Equipment Insurance expen Interest expense Laurence, Cagital Laurence, Withdrawal Inventory Note payable Rent expense, offce Rent expense, Oes Rent enue Salary expense, office Salary expense , sales Sales returns and allowances Supply Supply expense, store T otals $75, ooo z soo 18,000 8,000 13,000 217,900 120,000 2, soo 1, 100 Loco 12,000 13,000 100 $752.200 6,000 $752.200 Prepare a classified multiple-step income statement in good form for the Model Photography Studio for their 2020 fiscal year.