The following information was taken from the accounts of Green Market, a small grocery store, at December 31, Year 2. The accounts are listed in alphabetical order, and all have normal balances. $ Accounts payable Accounts receivable Advertising expense Canh Common stock Coat of goods sold Interest expense Merchandise inventory Prepaid rent Retained earnings, 1/1/Year 2 Bales revenue Salaries expense Rent expense Gain on sale of land 600 408 200 418 208 600 62 370 40 643 1,080 210 100 123 Darural Required Prepare an income statement for the year using the single-step and multistep approach. (Amounts to be deducted and losses should be Indicated with a minus sign.) Single-step GREEN MARKET Income Statement For the Year Ended December 31, Year 1 Expenses Total cost and expenses 0 Net income (los Multistep GREEN MARKET Income Statement For the Year Ended December 31, Year 1 Operating expenses 0 Total operating expenses Operating income (loss) Non-operating items Net income (loss)