The following is a list of the aocounts and balances taken from the adjusted trial balance at December 31,2024, for Clark Merchants. Clark uses a perpetual inventory system and the earnings approach for revenue recognition. All accounts have normal balances. Accumulated depreciation-building Accumulated depreciation-equipment Advertising expense Building S. Clark, capital S. Clark, drawings Cash Cost of goods sold Depreciation expense Equipment Delivery expense Insurance expense 16,000 10,600 4,600 85,600 66,000 29,300 4,600 235,500 5,900 24,500 630 1,550 Insurance expense Interest expense Interest revenue Land Merchandise inventory Mortgage payable Prepaid insurance Property tax expense Property taxes payable Rent revenue Salaries expense Salaries payable 1.550 1,820 1,040 12,000 93,590 57,900 2,200 1,500 600 1,400 41,600 650 Prepare a multiple-step income statement for Clark Merchant for the year ended December 31, 2024. (List Other Revenues before Other Expenses, Cost of Coods Soid Gross Proht Operating Expenses Advertisine Expense Advertising Expense Delivery Experse Delivery Experse Ververyz"anme Insurance Dxpense Progerty Tax Fixpense Property Tax Esponse Salaries Expense TotalOperatine Expenses Total Oocratinn Eroenses Other Revesues Interest Revernas s Other Revenues Interest Revenue interest Revenue Other Experse: Interest Revenue Other Revenues Total Operatine Expenses $ 1040