Using the following balances to prepare a multi-step income statement for clubhouse lollipops for the year ended Dec 1, 2021

NEED A FULL INCOME STATEMENT PLEASE

CASH-$7000

ACCOUNTS RECEIVABLE 13,000

MERCHANDISE INVENTORY 60,000

STORE SUPPLIES 1,500

EQUIPMENT 45,600

ACCUMULATED DEPRECIATION EQUIPMENT 16,600

ACCOUNTS PAYABLE 9,000

SALARIES PAYABLE 2,000

COMMON STOCK 20,000

RETAINED EARNINGS 59,000

DIVIDENDS 10,000

SALES 332,250

COST OF GOODS SOLD 159,900

DEPRECIATION EXPENSE- STORE EQUIPMENT 4,100

DEPRECIATION EXPENSE- OFFICE EQUIPMENT 1,600

SALES SALARY EXPENSE 30,000

OFFICE SALARY EXPENSE 34,000

INSURANCE EXPENSE 11,000

RENT EXPENSE (70% store 30% office) 24,000

STORE SUPPLIES EXPENSE 5750

ADVERTISING EXPENSE 31400