Required Use the following information to prepare a multistep income statement and a classified balance sheet for Eller Equipment Company for 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 . 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 Balance Sheet As of December 31, Year 1