The following adjusted trial balance for Bell Servicing was prepared at the end of the fiscal year, December $31,2023$: Required:

Prepare a classified multiple$-$step income statement that would be used by the business's owner. Prepare a multiple$-$step income statement that would be used by external users. Prepare a single$-$step income statement that would be provided to decision makers outside the company.

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?

Which income statement format$($s$)$ could you expect as an external user?