Problem 5-3A (Part Level Submission) The Whispering Winds Corp. is located in midtown Madison. During the past several years, net income has been dedining because of suburban shoppi centers. At the end of the company's fiscal year on November 30, 2019, the following accounts appeared in two of its trial balances Unadjusted Adjusted Unad just $29,500$29,500 30,600 30,600 Notes payable 33,00045,000 Prepaid Insurance 25,500 25,500 Property Tax Expense 31,200 31,200 Property Taxes Payable 37,00037,000 10,700 Accumulated Depr.-Equipment Common Stock Cost of Goods Sold Dividends Freight-Out Equipment Depreciation Expense Insurance Expense 2,500 12,000 12,000 61,700 61,700 95,00095,000 6,50011,000 4,500 8,000 8,000 700,000 700,000 9,0009,000 504,500 504,500 Rent Expense 9,500 9,500 Retained Earnings 5,7005,700Salaries and Wages Expense 145,000145,000 Sales Commissions Expense 12,000 Sales Commissions Payable 7,700 Sales Returns and Allowances 6,2006,200Sales Revenue 9,5009,500 Utilities Expense (a1) Z Your answer has been saved and sent for grading. Prepare a multiple-step income statement. (List other revenues before other expenses. If there is a net loss then enter the amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) For the Year Ended Type here to search either a negalive stgn praceding the manner e93 or Parent Whispering Winds Corp. Income Statement For the Year Ended November 30, 2019 Net Sales Cost of Goods Sold Net Income/ (Loss) Prepare a retained earnings statement. (List items that increase owner's equity first.) Whispering Winds Corp. Retained Earnings Statement