Problem 4-28A (Algo) Preparing schedule of cost of goods sold and multistep and single-step income statements: Periodic system (Appendix) LO 4-9 The following account titles and balances were taken from the adjusted trial balance of King Company for Year 2. The company uses the periodic inventory system. Required a. Prepare a schedule to determine the amount of cost of goods sold. b. Prepare a multistep income statement. c. Prepare a single-step income statement. Complete this question by entering your answers in the tabs below. b. Prepare a multistep income statement. c. Prepare a single-step income statement. Complete this question by entering your answers in the tabs below. Prepare a schedule to determine the amount of cost of goods sold. (Amounts to be deducted should be indicated with minus sign.) Prepare a single-step income statement. (Enter amounts to be deducted and losses with a minus sign.)