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The following selected information is for Cullumber Company for the year ended January 31, 2021: $6,500 7.300 $12,000 16,200 12.000 20,100 Freight in Freight out Insurance expense Interest expense Merchandise inventory, beginning Merchandise inventory, ending O. G. Pogo, capital O. G. Pogo, drawings Purchases Purchase discounts Purchase returns and allowances Rent expense Salaries expense Salaries payable Sales Sales discounts Sales returns and allowances Unearned sales revenue 6.000 61,500 42,000 105,000 42,100 210,000 60,900 2,500 323,000 14,000 20,200 4,500 Prepare a multiple-step income statement. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses e.g. (45).) CULLUMBER COMPANY Income Statement CULLUMBER COMPANY Income Statement vi $ : e Textbook and Media Dronara cocina entrar nadit aunt titler utomaticalhri dantaduhan the amount ir antarad Donat indent Prepare closing entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Jan. 31 (To close income statement accounts with credit balances and record ending inventory.) Jan. 31 balances and record ending inventory.) Jan. 31 (To close income statement accounts with debit balances and beginning inventory.) Jan. 31 (To close income statement accounts with debit balances and beginning inventory.) Jan. 31 (To close Income Summary.) Jan. 31 (To close drawings.)