The worksheet of Bridge's Office Supplies contains the following revenue, cost, and expense accounts, Prepare a classified income statement for this firm for the year ended December 31, 20X1. The merchandise inventory amounted to $58,175 on January 1 20x1, and $51125 on December 31, 20X1. The expense accounts numbered 611 through 617 represent selling expenses and those numbered 631 through 646 represent general and administrative expenses. Accounts 401 Sales 5244,400 Cr 451 sales returns and allowances 4,190 Dr 491 Miscellaneous income 240 cm 501 Purchases 102,000 Dr 562 Freight in 1,815 or 583 Purchases returns and allowances 3, 440 Cr 584 Purchases discounts 1,640 CM 611 Salaries expense-sales 43,700 or 614 Store supplies expense 2,150 Dr 617 Depreciation expense-Store equipment 1,350 or 631 Rent expense 11,000 or 634 Utilities expense 2,840 Dr 637 Salaries expense-office 19,500 or 640 Payroll taxes expense 4, 400 or 643 Depreciation expense-office equipment 418 Dr 646 Uncollectible accounts expense 568 Dr 691 Interest expense 420 Dr BRIDGETS OFFICE SUPPLIES Income Statement Operating revenue BRIDGET'S OFFICE SUPPLIES Income Statement Operating revenue Net sales Cost of goods sold Total merchandise before Operating expenses Sehing expenses Check my work 3 Operating expenses Seling expenses Total seting expense General and administrative expenses Total general and an expenses Total operating expenses Other income Other expense