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Requirement 1. Prepare Triton Department Store's TritonDepartmentStore's multi-step income statement for the year ended December31,2018. Assume ending Merchandise Inventory is $36,300 . (Use a minus

Requirement 1. Prepare Triton Department Store's

TritonDepartmentStore's multi-step income statement for the year ended

December31,2018. Assume ending Merchandise Inventory is

$36,300. (Use a minus sign or parentheses to show otherexpenses.)

Begin by calculating the grossprofit, then complete the income statement in the next step

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