The following information was taken from the accounts of Green Market, a delicatessen, at December 31, Year 2. The accounts are listed in alphabetical order, and each has a normal balance. Accounts payable Accounts receivable Advertising expense Cash Common stock $ 800 2,250 600 1,850 2,000 Cost of goods sold 2,950 Interest expense 120 Merchandise inventory 1,250 Prepaid rent 720 Retained earnings, 1/1/Year 2 2,610 Sales revenue 5,600 Salaries expense 960 Rent expense 510 Gain on sale of land 200 Required Prepare an income statement for the year using the single-step and multistep approach