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The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise inventory amounted to $59,175 on January 1, 2019, and

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The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise inventory amounted to $59,175 on January 1, 2019, and $52125 on December 31, 2019. The expense accounts numbered 611 through 617 represent selling expenses, and those numbered 631 through 646 represent general and administrative expenses. Accounta 401 Sales 451 Sales Returns and Allowances 491 Miscellaneous Income 501 Purchases 502 Freight in 503 Purchases Returns and Allowances 504 Purchases Discounts 611 Salaries Expense-bales 614 Store Supplies Expense 617 Depreciation Expense-Store Equipment 631 lent Expense 634 Utilities Expense 637 Salaries Expense-office 640 Payroll Taxes Expense 643 Depreciation Expense-Office Equipment 646 Uncollectible Accounts Expense 691 Interest Expense $246,400 CE 4,290 Dr. 340 Cr. 103,000 DE 1.915 De 3,540 CE: 1,740 CE 44,700 DE 2,250 DE. 1.450 Dr. 12,300 DE 2.940 be. 20,500 DE 5.400 DE 510 Dr. 650 Dr. 620 Dr. Prepare a classified income statement for this tim for the year ended December 31, 2019, BRIDGETS OFFICE SUPPLIES Income Statement Operating revenue Net sales Cost of goods sold Total merchandise available for sale Operating expenses Selling expenses To Sering Expense Geners and Administrative Expenses Uperaung expenses Selling expenses Total Selling Expense General and Administrative Expenses Total general and admin expenses Total operating expenses Other income Other expense

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