prepare a Schedule of Cost of Goods Sold and a multi-step Income Statement, Cash 66,300 Accounts Receivable 2,450 Building 450,250 Accumulated Depreciation 200,000 Inventory 185,700 Supplies 5,200 Capital Stock 300,000 Dividends 40,000 Purchases 736,200 Salaries Expense 76,400 Inventory (January 1, 2018) 171,000 Operating Expense 110,100 Salaries Payable 2,600 Retained Earnings 211,100 Freight-In 3,500 Sales 972,400 Accounts Payable 15,300 Depreciation Expense 40,000