Requirement 3. Prepare the December multi-step income statement, statement of owner's equity, and classified balance sheet for the company. List Service Revenue under gross profit, and ignore classifying the expenses as selling and administrative. Begin by preparing the multi-step income statement. (Use a minus sign or parentheses for a loss and/or for any expenses under the "Other Revenues and (Expenses) section of the statement.) (Click the icon to view the adjusted trial balance prepared in Requirement 2.) Glam Gleam Cleaning Income Statement Month Ended December 31, 2017 Sales Revenue Less: Cost of Goods Sold Insurance Expense Rent Expense Salaries Expense Depreciation Expense Total Operating Expenses Operating Income Net Income (Loss) $ 8,250 Reference Account Title Glam Gleam Cleaning Adjusted Trial Balance December 31, 2017 Balance Debit Credit S 44,164 Cash Accounts Payable Service Revenue Accounts Receivable 2,200 1,500 900 Unearned Revenue 15,750 Sales Revenue 8,250 Merchandise Inventory 9,414 Salaries Payable 700 Sales Returns and Allowances 420 Cleaning Supplies 50 Interest Payable 400 Sales Discounts 242 Prepaid Rent 2,400 Notes Payable (Long-Term) 30,000 Cost of Goods Sold 3,956 Prepaid Insurance 4,500 Hayman, Capital 27,710 Sales Commissions Expense 304 Equipment 5,400 Rent Expense 1,200 Utilities Expense 400 Truck 12,000 Interest Expense 300 Depreciation Expense 290 Accum. Depr.-Equip. and Truck 580 Salaries Expense 700 450 Insurance Expense 87,090 $ 87,090 Total Print Done