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 Cost of goods sold Interest expense Merchandise inventory Prepaid rent Retained earnings, 1/1/Year 2 Sales revenue Salaries expense. Rent expense Gain on sale of land $ 800 2,250 600 1,850 2,000 2,950 120 1,250 720 Required: Prepare an income statement for the year using the single-step and multistep approach. Expenses 2,610 5,600 960 510 200 Complete this question by entering your answers in the tabs below. Multistep Single ste Prepare an income statement for the year using the single-step approach. Note: Enter any losses with a minus sign. GREEN MARKET Single-Step Income Statement For the Year Ended December 31, Year 2

The following information was taken from the accounts of Green Market, a delicatessen, at December 31 , Year 2 . The accounts are tisted in alphabetical order, and each has a normal balance. 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. Prepare an income statement for the year using the single-step approach. Note: Finter any losses with a minus sign