Question 4 [30 points] During 2014, United Corporation sold 200 units of its product on February 24 and 300 units on August 13, all at a price of $50.00 per unit. United Corporation began the year with, and made successive purchases of the product as follows: Beginning Inventory: 200 units @ $40/unit Purchase on January 14:200 units @ $43/unit Purchase on June 13 200 units @ $39/unit Given that United Corporation employs a perpetual inventory system, use the above information and the selected account balances at year-end shown below to prepare a multiple-step income statement for the year ended December 31, 2014. Assume that United Corporation uses the FIFO inventory system Account Balance ??? (select one) Income Statement (select one) Cost of goods sold Income taxes expense... Interest expense. Rent earned Rent expense, office space Rent expense, selling space Sales Sales discounts Sales returns and allowances, Store supplies expense. 6,624 22,500 75,500 13,000 1.700 X X X X X ??? 280 1,100 8,300