Problem 9-25A (Algo) Multistep income statement and classified balance sheet LO 9.6 Required Use the following information to prepare a multistep income statement and a classifled balance sheet for Eller Equipment Company Year 1. (Hint: Some of the items will not appear on either statement, and ending retained earnings must be calculated.) Complete this question by entering your answers in the tabs below. Prepare a multistep income statement for Eller Equipment Company for Year 1. Note: Amounts to be deducted should be indicated with a minus sign. ELLER EQUIPMENT COMPANY Income Statement For the Year Ending December 31, Year 1 Sales revenue Cost of goods sold Gross margin Operating expenses Balance Sheet > *Red text indicates no response was expected in a cell or a formula-based calculation is incorrect; no points deducted