The following amounts appeared on Plymouth Electronics$$ adjusted trial balance as of December $31,2020.$

Debit

Credit

Merchandise inventory

$

$19,800$

Other assets

$490,785$

Liabilities

$

$315,370$

Celine Plymouth, capital

$249,420$

Celine Plymouth, withdrawals

$67,300$

Sales

$945,000$

Sales discounts

$14,880$

Sales returns and allowances

$6,015$

Interest income

$750$

Cost of goods sold

$720,500$

Sales salaries expense

$79,500$

Office salaries expense

$56,800$

Rent expense, selling space

$33,300$

Rent expense, office space

$3,300$

Store supplies expense

$1,650$

Office supplies expense

$750$

Depreciation expense, store equipment

$9,210$

Depreciation expense, office equipment

$3,060$

Insurance expense

$3,690$

Totals

$

$1,510,540$

$

$1,510,540$

Required:

$1.$ Prepare a $2020$ classified multiple$-$step income statement for Plymouth Electronics.

$2.$ Prepare a single$-$step income statement.