Taylor Electronics Company are listed along with their balances before closing for the
month ended March 31, 2019.
Interest revenue	$ 200	Accounts payable		$ 16 700
Inventory	45 100	Accounts receivable		33 600
Note payable, longterm	46 000	Accumulated depreciation		37 700
Salary payable	2 700	Taylor, capital, Feb 28, 2019		54 100
Sales discounts	2 900	Taylor, drawing		20 000
Sales returns and allowances	7 500	Cash		8 000
Sales revenue	297 000	Cost of goods sold		162 300
Selling expense	38 200	Equipment		129 100
Supplies	6 000	General expenses		16 700
Unearned sales revenue	13 800	Interest payable		1 200

Requirements
1.	Prepare Taylor Electronics multi-step income statement.
2.	Prepare Taylor Electronics statement of owner's equity.
3.	Prepare Taylor Electronics classified balance sheet in report form.