The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts The merchandise inventory amounted to $58,675 on January 1, 2019, and $51,625 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 Accounts 401 Sales $ 245,400 Cr 451 Sales Returns and Allowances 4,240 Dr 491 Miscellaneous Income 290 Cr 501 Purchases 102,500 Dr 502 Freight In 1,865 Dr 503 Purchases Returns and Allowances 3,490 Cr 504 Purchases Discounts 1,690 Cr 611 Salaries ExpenseSales 44,200 Dr 614 Store Supplies Expense 2,200 Dr 617 Depreciation ExpenseStore Equipment 1,400 Dr 631 Rent Expense 12,400 Dr 634 Utilities Expense 2,890 Dr 637 Salaries ExpenseOffice 20,000 Dr 640 Payroll Taxes Expense 4,900 Dr 643 Depreciation ExpenseOffice Equipment 460 Dr 646 Uncollectible Accounts Expense 610 Dr 691 Interest Expense 520 Dr Prepare a classified income statement for this firm for the year ended December 31, 2019 BRIDGET'S OFFICE SUPPLIES Income Statement Net sales Total merchandise available for sale Operating 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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The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise inventory amounted to $58,675 on January 1, 2019, and

The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise inventory amounted to $58,675 on January 1, 2019, and $51,625 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.

	Accounts
401	Sales	$	245,400	Cr.
451	Sales Returns and Allowances		4,240	Dr.
491	Miscellaneous Income		290	Cr.
501	Purchases		102,500	Dr.
502	Freight In		1,865	Dr.
503	Purchases Returns and Allowances		3,490	Cr.
504	Purchases Discounts		1,690	Cr.
611	Salaries ExpenseSales		44,200	Dr.
614	Store Supplies Expense		2,200	Dr.
617	Depreciation ExpenseStore Equipment		1,400	Dr.
631	Rent Expense		12,400	Dr.
634	Utilities Expense		2,890	Dr.
637	Salaries ExpenseOffice		20,000	Dr.
640	Payroll Taxes Expense		4,900	Dr.
643	Depreciation ExpenseOffice Equipment		460	Dr.
646	Uncollectible Accounts Expense		610	Dr.
691	Interest Expense		520	Dr.

Prepare a classified income statement for this firm for the year ended December 31, 2019.

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BRIDGET'S OFFICE SUPPLIES Income Statement Net sales Total merchandise available for sale Operating expenses Selling expenses Total Selling Expense General and Administrative Expenses Total general and admin. expenses Total operating expenses Other income Other expense