Prepare a mulli-step income statement, retained earnings statement. Lard Hand tomy bark and olassifled balance sheet in good form given the drop down menu: Lard hold for spendcion Account receivable Sales returns & allowance: Paige Company Multi-Step Income Statement Period Ending 12:31/X1 Amortization expense Sales taxes payable 424.500 -140 Bad debt expense Short term investment $24 290 Bond Payable (VS. 8400 Building Supplies 15.330 Cash Supplies expenses 350 350 Common Stock 1050 Copyright Tax expense 3.500 420 Dowe going, lowon, orion Acoma Cost of Goods Sold Total Operating expenses Depreciation expense -147010 Foodin go tai excess Por-Prefered Dividends Total other 5,680 700 Equipment Total Sales .950 Fretened Stock Estimated Warranty Liability 455 Federal Tones Foyable Trademark Freped romance Franchise 8,125 Treasury Stock 1225 Gain on Sale $4.900 Unearned revenue Payge Company Goodwill Retained Earnings Statement Period Ending 12/31/X1 Kent nerve Grow. Profit Wage expense 1400 Fruined swing Mid Insurance expense 4.300 Wage payable Paige Company Interest Revenue Classified Balance Sheet Warranty expense 12131/1 ASSETS Curent Assets (First three must be in order of liquidity!) LIABILITIES 2.100 Current Liabilities 700 1,750 1050 #70 840 105 700 175 140 1,050 Total Current Assets 7,700 1050 Long Term Investments Total Current Liabilities 4.970 3.500 Long-Term Liabilities Total Long Term Investments 4,300 10.500 Plant Assets 175 10.4:30 2.655 -1400 Total Long-Term Liabilities 13.230 Total Liabilities 18.200 2, 100 200 Shareholders' Equity 12 950 700 Intangible Assets 1,750 1400 7.000 750 2 100 LOH 5.600 700 -2,800 2.100 Toc langbe Assets Total Shareholders' Equity 14.150 Total Liabilities & Equity 32 550