The following are the information of Chun Equipment Co. for Year 2 (Hint: Some of the items will not appear on elther statemer ending retained earnings must be calculated.) Required Prepare a multistep income statement and balance sheet for Chun Equipment Co, for Year 2 Complete this question by entering your answers in the tabs below. Prepare a multistep income statement for Chun Equipment Co. for Year 2. Problem 5-27A (Algo) Multistep income statement and balance sheet LO 5-4 The following are the information of Chun Equipment Co. for Year 2. (Hint: Some of the items will not appear on either statement, a ending retained earnings must be calculated.) Required Prepare a multistep income statement and balance sheet for Chun Equipment Co0 for Year 2 Complete this question by entering your answers in the tabs below. Prepare the balance sheet for Chun Equlpment Co. for Year 2. (Ebe sure to WGt the assets in the order of their liquidity.)