Prepare Taylor Electronics multi-step income statement. Prepare Taylor Electronics classified balance sheet in report form.

$ $ Interest revenue Inventory Note payable, long-term Salary payable Sales discounts Sales returns and allowances Sales revenue Selling expense Supplies Unearned sales revenue 200 Accounts payable 45,100 Accounts receivable 46,000 Accumulated depreciation 2,700 Taylor, capital, Feb 28, 2019 2,900 Taylor, drawing 7,500 Cash 297,000 Cost of goods sold 38,200 Equipment 6,000 General expenses 13,800 Interest payable 16,700 33,600 37,700 54,100 20,000 8,000 162,300 129,100 16,700 1,200