The following adjusted trial balance for Bell Servicing was prepared at the end of the fiscal year, December 31, 2020, Account 101 Cash 119 Merchandise inventory 125 Supplies 128 Prepaid insurance 165 Store equipment 166 Accumulated depreciation, store equipment 167 Office equipment 168 Accumulated depreciation, office equipment 201 Accounts payable 301 Jonah Bell, capital 302 Jonah Bell, withdrawals 413 Sales 415 Sales discounts 505 Cost of goods sold 612 Depreciation expense, store equipment Depreciation expense, office equipment 622 Sales salaries expense 623 Office salaries expense 637 Insurance expense, store 638 Insurance expense, office 640 Rent expense, office space 641 Rent expense, selling space 651 Office supplies expense 652 Store supplies expense 655 Advertising expense Total: Debit Credit $ 7,700 15,900 9,700 3,700 50,700 $ 46,500 68,700 33,900 15,700 27,320 48,700 288,809 1,700 74,500 4,900 3,500 45,700 31,700 1,700 1,450 12,700 16,700 1,170 2,100 17300 $412, 220 $412,220 613 Required: 1. Prepare a classified multiple step income statement that would be used by the business's owner BELL SERVICING Income Statement VE Required: 1. Prepare a classified multiple-step income statement that would be used by the busin BELL SERVICING Income Statement For Year Ended December 31, 2020 Operating expenses Selling Expenses s 0 Total selling expenses General and administrative expenses