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please put it in the format from the bottom picture!!! Problem 5-7A Income statements--perpetual LOS CHECK FIGURE: 1. Income from operations = $13,590 The following

please put it in the format from the bottom picture!!! image text in transcribed
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Problem 5-7A Income statements--perpetual LOS CHECK FIGURE: 1. Income from operations = $13,590 The following amounts appeared on Plymouth Electronics adjusted that balance as of Decem of December 31,200 Debit Credit $ 19,500 487,785 $ 312,370 247.605 87.000 942,000 4715 720 Merchandise inventory Other assets Liabilities Celine Plymouth capital Celine Plymouth, withdrawals Sales Soles discounts Sous returns and allowances Interest income Cost of goods sold....... Soles salaries expense. Office salaries exponse.... Rent expense, selling space.... Rent expense, office space. Store supplies expense. Office supplies expense..... Depreciation expense, store equipment... Depreciation expense, office equipment Insurance expense..... Totals..... 19.000 79.200 56,500 33,000 3,000 1,620 735 8,910 2,760 3,390 $1,502,695 $1.502.695 Required 1. Prepare a 2020 classified multiple-step income statement for Plymouth Electronics, like Exhibit 5.13 2. Prepare a single-step income statement, like Exhibit 5.15. Analysis Component: The gross profit ratio for Plymouth Electronics' year ended December 31, was 32%. Calculate this ratio for the year ended December 31, 2020, and compare it to the prior year menting on whether the change was favourable or unfavourable. Chapter 5 Problem S-TA Part- wid A for e -step Income Statement Any component

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