Requirement Prepare a multiple-step income statement for the current year. Office Supplies Expense Accounting FeesAdministrative Amortization Expense-General Depreciation Expense --General Operating Income Other Revenues and Gains 56,000 26,000 32.000 31,000 (237,000) $ 878,000 5,200 Interest Income 4.400 Dividend Income 90.000 29.000 128 600 8.500 9.800 18.300 Gain on Disposal of Plant Assets Unrealized Gain on Trading Securities Other Expenses and Losses interest Expense Loss on Asset Impairment Income From Continuing Operations Before Tax income Tax Expense income From Continuing Operations Discontinued Operations Gain on Sale of Discontinued Operations Net of Tax 988,300 345,905 Net Income Choose from any list or enter any number in the input fields and then click Check Answer All parts showing Adjusted Trial Balance (Selected Accounts) For the Current Year Ended Account Debit Common Stock (no par): Beginning Balance Retained Earnings: Beginning Balance Accumulated Other Comprehensive Income: Beginning Balance 5 67,000 Dividends 89.000 Sales Credit 472.000 1.200.000 Interest Income 1.800.000 5.200 4.400 90.000 29.000 58.000 3.500 Dividend Income Gain on Disposal of Plant Assets Unrealized Gain on Trading Securities Gain on Sale of Discontinued Operations-Before Tax Unrealized Gain on Available for Sale Bonds-Before Tax Cost of Goods Sold Selling Expenses Office Salaries Expense Legal Fees-General Sales Salaries Expense Advertising Expense Office Supplies Expense Accounting Fees Administrative Amortization Expense-General Depreciation Expense General Interest Expense Loss on Asset Impairment 500.000 43.000 83.000 9.000 27.000 25.000 56,000 20.000 32.000 31,000 8.500 0.800 Print Done