Problem 2 Nintendo Inc had the following balances in their accounts as of December 31, 2020. Prepare a multi-step income statement. The beginning inventory was $40,000, the ending inventory was $80,000 Depreciation expense Supplies expense Purchases Freight-In Uncollectible accounts expense Payroll tax expense Salaries expense Purchase discounts Purchase returns and allowances Sales revenue Interest expense Sales returns and allowances Sales discounts Advertising expense Insurance expense Rent expense Miscellaneous income 140,000 90,000 255,000 17,000 6,000 350,000 3,200,000 1,000 500 10,000,000 4,000 2,000,000 800,000 950,000 550,000 700,000 1,500,000