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Please help me here thank you. Using the function of expense method X Prepare the income statement using the function of expense method. . Upload

Please help me here thank you. Using the function of expense method

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X Prepare the income statement using the function of expense method. . Upload the file and be ready to present it in the class next meeting, November 12. PROBLEM: The accounts of Marissa Babilonia Health Store selected from Dec. 31, 2016 trial balance as follows: . Advertising Expense - 150,000 . Transportation Out - 260,000 . Depreciation Expense-Office Equipment - 110,000 . Depreciation Expense- Store Equipment - 140,000 . Transportation In - 100,000 . Merchandise Inventory, 1/1/2016 - 1,160,000 . Merchandise Inventory, 12/31/2016 - 1,040,000 . Miscellaneous Expenses - 90,000 . Office Supplies Expense - 430,000 . Purchases - 6,710,000 . Purchases Returns and Allowances - 250,000 . Purchases Discounts - 180,000 . Salaries Expenses-Selling - 960,000 . Salaries Expenses-General - 1,130,000 . Sales - 9,810,000 . Sales Returns and Allowances - 260,000 . Sales Discounts - 140,000 . Selling Supplies Expense - 70,000

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