The following adjusted trial balance for Bell Servicing was prepared at the end of the fiscal year, December 31, 2023 : \begin{tabular}{|c|c|c|c|} \hline & Account & Debit & Credit \\ \hline 101 & Cash & 8,800 & \\ \hline 119 & Merchandise inventory & 17,000 & \\ \hline 125 & Supplies & 10,800 & \\ \hline 128 & Prepaid insurance & 4,800 & \\ \hline 165 & Store equipment & 51,800 & \\ \hline 166 & Accumulated depreciation, store equipment & & $47,600 \\ \hline 167 & office equipment & 69,800 & \\ \hline 168 & Accumulated depreciation, office equipment & & 35,000 \\ \hline 201 & Accounts payable & & 16,800 \\ \hline 301 & Jonah Bell, capital & & 33,480 \\ \hline 302 & Jonah Bell, withdrawals & 41,800 & \\ \hline 413 & Sales & & 299,800 \\ \hline 415 & Sales discounts & 2,800 & \\ \hline 505 & Cost of goods sold & 75,600 & \\ \hline 612 & Depreciation expense, store equipment & 6,000 & \\ \hline 613 & Depreciation expense, office equipment & 4,600 & \\ \hline 622 & Sales salaries expense & 46,800 & \\ \hline 623 & office salaries expense & 32,800 & \\ \hline 637 & Insurance expense, store & 2,800 & \\ \hline 638 & Insurance expense, office & 2,000 & \\ \hline 640 & Rent expense, office space & 13,800 & \\ \hline 641 & Rent expense, selling space & 17,800 & \\ \hline 651 & Office supplies expense & 1,280 & \\ \hline 652 & Store supplies expense & 3,200 & \\ \hline \multirow[t]{2}{*}{655} & Advertising expense & 18,400 & \\ \hline & Totals & $432,680 & $432,680 \\ \hline \end{tabular} Ranitimed. 1 ner. 2. Prepare a multiple-step income statement that would be used by external users. 3. Prepare a single-step income statement that would be provided to decision makers outside the company. Analysls 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