The adjusted trial balance for The Gary Sanchez Company at December 31, 2021, is presented below: Debit Credit Cash $11,000 Accounts Receivable 150,000 Prepaid Rent 5,000 Supplies 25,000 Equipment | 300,000 Accumulated Depreciation $135,000 Accounts Payable 20,000 Salaries Payable 4,000 Interest Payable 1,000 Notes Payable (due in two years) 30,000 Common Stock 200,000 Retained Earnings 38,000 Dividends 20,000 Treasury stock 6,000 Additional paid-in capital 18,000 Service Revenue 400,000 Cost of Goods sold 160,000 Salaries Expense 96,000 Advertising Expense 30,000 Rent Expense 15,000 Depreciation Expense 10,000 Interest Expense 2,000 Utilities Expense 12,000 Income tax expense 4,000 Totals $846,000 $846,000 Requirements: 1. Prepare a multi-step income statement for The Gary Sanchez Company for the year ended December 31, 2021. 2. Prepare a classified balance sheet for The Gary Sanchez Company as of December 31, 2021