The adjusted trial balance of BAY Company as of July 31 2018 contained the following information: Sales $560,000 Sales Returns and Allowances $ 20,000 Sales Discounts 7,000 Cost of Goods Sold 386,000 Freight-out 2,000 Advertising Expense 15,000 Interest Expense 18,000 Store Salaries Expense 55,000 Utilities Expense 28,000 Depreciation Expense 7,000 Insurance Expense 500 Interest Revenue 30,000 Dividend Revenue 2,000 Capital 15,000 Drawing 900 Question: Prepare the multiple step income statement and Owners equity statement