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Required Use the following information to prepare a multistep income statement and a classified balance sheet for Eller Equipment Company for Year 2. (Hint: Some
Required Use the following information to prepare a multistep income statement and a classified balance sheet for Eller Equipment Company for Year 2. (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 2. (Amounts to be deducted should be indicated with a minus sign.) \begin{tabular}{|l|l|l|l|} \hline Long-term liabilities & & & \\ \hline & & & \\ \hline Total long-term liabilities & & & \\ \hline Total liabilities & & & \\ \hline Stockholders' equity & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline Total stockholders' equity & & & \\ \hline Total liabilities and stockholders' equity & & & \\ \hline \hline \end{tabular}
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