The accounts listed below appear on the worksheet of Commonwealth Crafts. Indicate the section of the classified income statement in which each account will be reported. SECTIONS OF CLASSIFIED INCOME STATEMENT a. Operating Revenue b. Cost of Goods Sold c. Operating Expenses d. Other Income e. Other Expenses ACCOUNTS 1. Purchases Returns and Allowances 2. Telephone Expense 3. Sales Returns and Allowances 4. Purchases 5. Interest Income 6. Merchandise Inventory 7. Interest Expense 8. Sales 9. Depreciation Expense-Store Equipment 10. Rent Expense 11. Sales Discounts 12. Supplies Expense 13. Freight In 14. Purchases Discounts 15. Uncollectible Accounts Expense