Use this information to prepare a classified multi-step income statement for the year ending August 31, 2014. General Journal Page GJ1 Date Account/Explanation F Debit Credit 31/Aug Rent Earned 226,500 Sales 305,000 Income Summary 531,500 Close temporary credit balance accounts 31/Aug Income Summary 670,000 Advertising Expense 77,500 Cost Of Goods Sold 86,500 Depreciation Expense, Office Furniture 19,500 Depreciation Expense, Store Equipment 7,500 Insurance Expense 23,000 Interest Expense 37,000 Office Salaries Expense 100,500 Office Supplies Expense, 87,000 Sales Discounts 8,000 Sales Returns and Allowances 10,500 Sales Salaries Expense 119,000 Store Supplies Expense 94,000 Close temporary debit balance accounts 31/Aug Retained Earnings 138,500 Income Summary 138,500 Close income summary 31/Aug Retained Eamings Dividends Close dividends 12,000 12,000 (select one) Income Statement (select one)