The following is a list of the accounts and balances taken from the adjusted trial balance at December 31 2021 for Meilleur Merchants. Meilleur uses a perpetual inventory system and the earnings approach for revenue recognition. The list of accounts is in alphabetical order. All accounts have normal balances. Balance Dec. 31 $15,000 30.000 15,500 10,000 4,300 84,600 75.000 28,300 4,500 235,500 5,800 24,500 650 Account 1 Accounts payable 2 Accounts receivable 3 Accumulated depreciation-building 4 Accumulated depreciation equipment 5 Advertising expense 6 Building 7 S. Meilleur, capital 8 S. Meilleur, drawings 9 Cash 10 Cost of goods sold 11 Depreciation expense 12 Equipment 13 Freight out 14 Insurance expense 15 Interest expense 16 Interest revenue 17 Land 18 Merchandise inventory 19 Mortgage payable 20 Prepaid insurance 21 Property tax expense 22 Property taxes payable 23 Rent revenue 24 Salaries expense 25 Salaries payable 26 Sales 27 Sales discounts 28 Sales returns and allowances 29 Unearned revenue 30 Utilities expense 1,550 1.720 1.140 12,000 105,000 57,600 2,100 1,400 600 1,900 41,500 650 422,600 15,500 17,700 23,000 2,200 * 0.2k's 22% OKUS Prepare a multiple-step income statement for Meilleur Merchant for the year ended December 31, 2021. MEILLEUR MERCHANTS Income Statement