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. Dollar amounts are given in thousands. Accounts payable Accounts receivable Advertising expense Cash Common stock $ 605 405 200 415 205 600 65 400 45 640 1,050 180 100 90 Interest expense Cost of goods sold Merchandise inventory Prepaid rent Retained earnings, 1/1/Year 2 Sales revenue Salaries expense Rent expense Gain on sale of land. Required Prepare an income statement for the year using the single-step and multistep approach. Complete this question by entering your answers in the tabs below. Single Step Multistep Prepare an income statement for the year using the single-step approach. (Enter values in thousands of dollars. Amounts to be deducted and losses should be indicated with a minus sign.) Expenses GREEN MARKET Income Statement For the Year Ended December 31, Year 2 Total cost and expenses Net income (loss) 0 Sinile Stop Multistep > Single Step Multistep Prepare an income statement for the year using the multistep approach. (Enter values in thousands of dollars. Amounts to be deducted and losses should be indicated with a minus sign.) REEN MARKET Income Statement For the Year Ended December 31, Year 2 Operating expenses Total operating expenses Non-operating items 0 0 0 Net income (loss) $ 0