Please make it correct and complete. Thanks!

The following adjusted trial balance for Bell Servicing was prepared at the end of the fiscal year, December 31, 2020: 8,600 101 119 125 128 165 166 167 168 201 301 302 413 415 505 612 613 622 623 637 638 640 641 651 652 655 Account Cash Merchandise inventory Supplies Prepaid insurance Store equipment Accumulated depreciation, store equipment office equipment Accumulated depreciation, office equipment Accounts payable Jonah Bell, capital Jonah Bell, withdrawals Sales Sales discounts Cost of goods sold Depreciation expense, store equipment Depreciation expense, office equipment Sales salaries expense Office salaries expense Insurance expense, store Insurance expense, office Rent expense, office space Rent expense, selling space Office supplies expense Store supplies expense Advertising expense Totals Debit Credit $ 16,800 10,600 4,600 51,600 $ 47,400 69,600 34,800 16,600 32,360 41,600 297,800 2,600 75,400 5,800 4,400 46,600 32,600 2,600 1,900 13,600 17,600 1,260 3,000 18,200 $428,960 $ 428,960 Required: 1. Prepare a classified multiple-step income statement that would be used by the business's owner. BELL SERVICING Income Statement For Year Ended December 31, 2020 Operating expenses: Selling Expenses: Total selling expenses General and administrative expenses: Total general and administrative expenses Total operating expenses 2. Prepare a multiple-step income statement that would be used by external users. BELL SERVICING Income Statement For Year Ended December 31, 2020 Operating expenses: Total operating expenses 3. Prepare a single-step income statement that would be provided to decision makers outside the company. BELL SERVICING Income Statement For Year Ended December 31, 2020 Revenues: Expenses: Total expenses Analysis Component: If you were a decision maker external to Bell Servicing, which income statement format would you prefer and why, if you had a choice? Format of income statement ces Which income statement format(s) could you expect as an external user? Format income statement