The following is a list of the accounts and balances taken from the adjusted trial balance at December 31,2024 , for Johnson Merchants. Johnson uses a perpetual inventory system and the earnings approach for revenue recognition. All accounts have normal balances. Building 84,800 S. Johnson, capital 65,000 S. Johnson, drawings 29,400 Cash Costofgoodssold235,300 Depreciation expense 6,200 Equipment 24,300 Delivery expense 650 Insurance expense 1,450 Interest expense 2,120 Interest revenue 1,040 Land 12,300 Merchandise inventory 96,220 Mortgage payable 56,900 Prepaid insurance 2,400 Property tax expense 1,300 Property taxes payable 500 Rent revenue 1,900 Salaries expense 42,000 Salaries payable 600 Sales Sales discounts 15,400 Sales returns and allowances 18,000 Unearned revenue 23,800 Prepare a multiple-step income statement for Johnson Merchant for the year ended December 31, 2024. (List Other Expenses.)