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 613 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 Totals Debit Credit $ 8,700 16,900 10, 700 4,700 51,700 $ 47,500 69, 700 34,900 16,700 32,920 41,700 298,800 2,700 75,500 5,900 4,500 46,700 32,700 2,700 1,950 13,700 17,700 1,270 3, 100 18,300 $430, 820 $430, B20 Required: Prepare a multiple-step income statement that would be used by external users. BELL SERVICING Income Statement For Year Ended December 31, 2020 Net sales $ 298,800 Operating expenses Total operating expenses 0