The following adjusted trial balance for Bell Servicing was prepared at the end of the fiscal year, December 31, 2023: Account Debit Credit 101 119 Cash $ 8,100 Merchandise inventory 16,300 125 Supplies 10,100 128 Prepaid insurance 4,100 165 Store equipment 51,100 166 Accumulated depreciation, store equipment $ 46,900 167 Office equipment 69,100 168 Accumulated depreciation, office equipment 34,300 201 Accounts payable 16,100 301 Jonah Bell, capital 29,560 302 Jonah Bell, withdrawals 41,100 413 Sales 292,800 415. Sales discounts 2,100 505 Cost of goods sold 74,900 612 Depreciation expense, store equipment 5,300 613 Depreciation expense, office equipment 3,900 622 Sales salaries expense 46,100 623 Office salaries expense 32,100 637 Insurance expense, store 2,100 638 Insurance expense, office. 1,650 640 Rent expense, office space 13,100 641 651 Rent expense, selling space Office supplies expense 652 Store supplies expense Advertising expense Totals 655 17,100 1,210 2,500 17,700 $419,660 $419,660 Required: 1. Prepare a classified multiple-step income statement that would be used by the business's owner. 2 Required: 1. Prepare a classified multiple-step income statement that would be used by the business's owner. BELL SERVICING Income Statement For Year Ended December 31, 2023 oints Skipped Print Mc Operating expenses Selling Expenses Total selling expenses General and administrative expenses S 0 ed Operating expenses Selling Expenses Total selling expenses General and administrative expenses Total general and administrative expenses Total operating expenses $ 0 $ 0 A Prev 2 of 4 Next 2 2. Prepare a multiple-step income statement that would be used by external users. ipped Print Operating expenses BELL SERVICING Income Statement For Year Ended December 31, 2023 0 Total operating expenses zipped 3. Prepare a single-step income statement that would be provided to decision makers outside the company. Print Revenues: BELL SERVICING Income Statement For Year Ended December 31, 2023 Expenses 0 Total expenses pped Analysis Component: If you were a decision maker external to Bell Servicing, which income statement format would you prefer and why, if you had a choice? Format of income statement Pont Which income statement format(s) could you expect as an external user? Format of income statement A