Prepaioinsurance 2.rro Impentory 119210 Supplies 7,350 Land 146.490 Buildings 249,660 Accumulatd depreciation-buldings $106,070 Equipment 108,870 Accumulated depreciation--equipment 38,110 Accounts poyable 64,000 Deferred revenue 10,950 Refund liability 5.290 Incone tax poryable 3,990 Bankloan payable 111.880 Common shures 58440 Retainedearnings 162,310 Siles: 1.210 .010 Cost of goods sold 919.030 Administrative expenses 100.900 S-lling eapenses 479M Prepare a single-step statement of income. Question 1 of 6 The adjusted trial balance of Shetheld Wholesale inc. contained the following accounts at December 31 , the company's year end