Prepare Bears Inc.'s multi-step income statement for the year ended December 31, 202X based on the following data. Bears Inc. Adjusted Trial Balance December 31, 202X Balance Account Title Debit Credit Cash 12,400 Accounts Receivable 6,500 Merchandise Inventory 17,000 Office Supplies 1,200 Equipment 36,600 Accumulated Depreciation - Equipment 9,400 Accounts Payable 10,500 Salaries Payable 1,000 Uneamed Reverwe 8,100 Notes Payable, long-term 17,300 Common Stock 16,000 Retained Earnings 20,300 Dividends 26,000 Sales Reverwe 156,000 Sales Discounts Forfeited 2,000 Cost of Goods Sold 94,000 Interest Expense 1,100 Salaries Expense (Selling) 30,000 Advertising Expense (Selling) 10,000 Rent Expense (Administrative) 4,200 Utilities Expense (Administrative) 1,600 Total 240,600 240,600