The Deluxe Store is located in midtown Madison. During the past several years, net income has been declining because of suburban shopping centers. At the end of the company's fiscal year on November 30, 2015, the following accounts appeared in two of its trial balances. Accounts Payable Accounts Receivable Accumulated Depr.-Equipment Cash Common Stock Cost of Goods Sold Dividends Freight-Out Equipment Depreciation Expense Insurance Expense Interest Expense Interest Revenue Unadjusted Adjusted $ 25,850 $ 25,850 30,820 30,820 34,000 44,900 25,500 25,500 48,100 48,100 510,400 510,400 12.000 12.000 5,600 5,600 140,000 140,000 10,900 7,100 5,600 5,600 8,200 8,200 Inventory Notes payable Prepaid Insurance Property Tax Expense Property Taxes Payable Rent Expenses Rentained Earnings Salaries and Wages Expense Sales Revenue Sales Commissions Expense Sales Commissions Payable Sales Returns and Allowances Utilities Expense Unadjusted Adjusted $28,000 $28,000 36,300 36,300 10,000 2,900 2.240 2,240 14,400 14,400 50,370 50,370 95,400 95,400 698,000 698,000 7,200 11,000 3,800 7,900 7,900 8,000 8,000 (a1) Prepare a multiple-step income statement. (List other revenues before other expenses.) Prepare a multiple constatat other womes before the expenses.) THE DELUXE STORE Income Statement For the Year Ended November 30, 2015 TE