Use the following information to prepare a multistep income statement and a classified balance sheet for Eller Equipment Company for Year 2. (Hint: Some of the items will not appear on either statement, and ending retained earnings must be calculated.) Salaries expense $ 116,000 Beginning retained earnings $ 55,100 Common stock 104,000 Warranties payable (short term) 5,900 Notes receivable (short term) 26,500 Gain on sale of equipment 13,000 Allowance for doubtful accounts 13,000 Operating expenses 59,000 Accumulated depreciation 60,000 Cash flow from investing activities 110,000 Notes payable (long term) 154,000 Prepaid rent 32,000 Salvage value of building 15,000 Land 89,000 Interest payable (short term) 5,000 Cash 44,600 Uncollectible accounts expense 39,000 Inventory 103,000 Supplies 5,900 Accounts payable 49,000 Equipment 231,600 Interest expense 30,000 Interest revenue 5,600 Salaries payable 62,000 Sales revenue 928,000 Unearned revenue 41,000 Dividends 14,000 Cost of goods sold 589,000 Warranty expense 8,600 Accounts receivable 102,000 Interest receivable (short term) 3,000 Depreciation expense 2,400 Prepare a multistep income statement for Eller Equipment Company for Year 2. (Amounts to be deducted should be indicated with a minus sign.) Prepare a multistep Balance sheet for Eller Equipment Company for Year 2. (Amounts to be deducted should be indicated with a minus sign.)