The adjusted trial balance for Starbucks Electric Crane (SEC) Company at December 31, 2021, is presented below: Cash Accounts receivable Prepaid rent Inventory Equipment Accumulated depreciation equipment Accounts payable Notes payable-due in three months Salaries payable Interest payable Common stock Retained earnings Dividends Sales revenue Costs of goods sold Salaries expense Rent expense Depreciation expense Interest expense Advertising expense Totals Debit Credit 12,000 165,000 6,500 40,000 450,000 140,000 45,000 45,000 5,500 16,600 275,000 83,000 81,000 550,000 255,000 135,000 30,000 45,000 3,500 4,000 1,161,500 1,160,100 Required: Prepare a multi-step income statement for SEC Company for the year ended December 31, 2021. Required: Prepare a multi-step income statement for SEC Company for the year ended December 31, 2021. STARBUCKS ELECTRIC CRANE COMPANY Income Statement For the Year Ended December 31, 2021 Operating expenses Total operating expenses Operating income Other expense