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

	Account	Debit	Credit
101	Cash S	7.100
119	Merchandise inventory	15,300
125	Supplies	8. 100
128	Prepaid insurance	3.100
165	Store equipment	50, 100
166	Accumulated depreciation, store equipment
167	Office equipment	68.100	45.900
168	Accumulated depreciation, office equipment
201	Accounts payable		33,300
301	Jonah Bell, capita		15.100 23.860
302	Jonah Bell, withdrawals	40, 100
413	Sales		282.800
415	Sales discounts	1.100
505	Cost of goods sold	73.900
612	Depreciation expense, store equipment	4.300
613	Depreciation expense, office equipment	2.000
622	Sales salaries expense	45:100
623	Office salaries expense	31,100
637	Insurance expense, store	1.100
638	Insurance expense, office	1.150
640	Rent expense, office space	12, 100
641	Rent expense, selling space	16.100
651	Office supples expense	1.110
652	Store supplies expense	1.500
655	Adventising expense	16.700
	Totals	401.060	401.060

Required:

1. Prepare a classified multiple-step income statement that would be used by the business's owner

BELL SERVICING