Problem 5-7A Income statements perpetual LO5 CHECK FIGURE: 1. Income from operations = $13,590 The following amounts appeared on Plymouth Electronics' adjusted trial balance as of December 31, 2020. Debit Credit $ 19,500 487,785 $ 312.370 247,605 67,000 942.000 14,580 5,715 720 Merchandise Inventory Other assets Liabilities Celine Plymouth, capital Celine Plymouth withdrawals Sales Sales discounts Sales returns and allowances Interest Income Cost of goods sold. Sales salaries expense Office salaries expense Rent expense, selling space Rent expense, office space Store supplies expense Office supplies expense Depreciation expense, store equipment Depreciation expense, office equipment Insurance expense Totals 719,000 79,200 56.500 33,000 3,000 1,620 735 8,910 2.760 3.390 $1,502,695 $1,502,695 Required 1. Prepare a 2020 classified multiple-step income statement for Plymouth Electronics, like Exhibit 5.13. Prenarsinta lasten in