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 1 2 30,000 3 Account Accounts payable Accounts receivable Accumulated depreciation-building Accumulated depreciation-equipment Advertising expense Building 15,500 4 10,000 5 4,400 6 84,600 7 S. Meilleur, capital 75,000 8 S. Meilleur drawings 28,300 9 Cash 4,500 10 Cost of goods sold 235,300 11 5.900 12 Depreciation expense Equipment Freight out 24.500 13 640 14 Insurance expense 1.450 15 2.120 Interest expense Interest revenue 16 1.440 17 Land 12.000 18 105,000 Merchandise inventory Mortgage payable 19 57.600 20 Prepaid insurance 2.100 21 Property tax expense 1,100 22 Property taxes payable 600 8C 23 Rent revenue 1,700 24 41.400 Salaries expense Salaries payable 25 650 26 Sales 421,800 27 15,200 28 17.500 Sales discounts Sales returns and allowances Unearned revenue Utilities expense 29 23,000 30 1.700 Prepare a multiple-step income statement for Meilleur Merchant for the year ended December 31, 2021. MEILLEUR MERCHANTS Income Statement