Terry Tighe Theater Company uses a perpetual inventory system. The adjusted trial balance of Terry Tighe Theater Company at June 30, 2016, follows: (Click the icon to view the adjusted trial balance.) Requirements 1. Prepare Terry Tighe's multi-step income statement for the year ended June 30, 2016. 2. Journalize Terry Tighe's closing entries. 3. Prepare a post-closing trial balance as of June 30, 2016. Less: Sales Returns and Allowances Sales Discounts Net Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses: Selling Expenses Administrative Expenses Total Operating Expenses Operating Income Operating Income Net Income (Loss) Get more help. 5,000 3,600 19,100 16,000 $ 174,400 73,200 101,200 35,100 66,100 CELES Data table Terry Tighe Theater Company Adjusted Trial Balance June 30, 2016 Account Title Cash Accounts Receivable Merchandise Inventory Office Supplies Furniture Accumulated Depreciation-Furniture Accounts Payable Salaries Payable Unearned Revenue Notes Payable, long-term Tighe, Capital Tighe, Withdrawals Sales Revenue Sales Returns and Allowances Print $ Debit Done Balance 3,900 38,700 18,100 750 40,200 41,500 5.000 S Credit 8,400 13,500 850 6,800 12,500 37,000 183,000 X