Please prepare the multi-step income statement, the statement of stockholders' equity
and the classified balance sheet and answer the fill-in-the-blanks questions.

Please prepare the multi-step income statement, the statement of stockholders' equity and the classified balance sheet and answer the fill-in-the-blanks questions. $28,000 Accounts Payable Accounts Receivable Cost of Goods Sold $220,000 Equipment $36,000 Supplies Notes Payable (Due in 2years) Rent Expense $12,000 Interest Expense Sales Discount $545,000 Sales Revenue Depreciation Expense Accumulated Depreciation $20,000 $65,000 Income Tax Expense Buildings $25,000 Salaries Expenses Cash In addition, the company has common stock of $250,000 at the beginning of the year and issued additional shares for $50,000. The company also had retained earinings of $60,000 at the beginning of the year and paid dividend of $4,000 during the year. Operating Income Net Income $484,000 Ending balance of common stock Ending balance of retained earnings Ending total stockholders' equity Total current assets Total long-term assets Total assets Total liabilities $150,000 $400,000 $40,000 $6,000 $45,000 $10,000 $8,000 $12,000