The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts. Prepare a classified income

statement for this firm for the year ended December $31,20$X$1.$ The merchandise inventory amounted to $$58,975$ on January $1,20$X$1,$

and $$51,925$ on December $31,20$X$1.$ The expense accounts numbered $611$ through $617$ represent selling expenses, and those

numbered $631$ through $646$ represent general and administrative expenses.