Using the trial balance below , complete the multi-step income statement and prepare the statement of retained earnings and classified balance sheet on the pages that follow.

King Company Adjusted Trial Balance December 31, 2017 DEBIT CREDIT 5,000 8,460 Cash Accounts Receivable Allowance for Doubtful Accounts Short term Note Receivable Interest Receivable Supplies Inventory Prepaid Expenses Equipment Accumulated Depreciation Copyrights Accounts Payable Interest Payable Unearned Revenue Long Term Note Payable Common Stock Paid-in-Capital In Excess of Par CS Retained Earnings (1/1/17) Dividends Sales Sales Returns & Allowances Sales Discounts Cost of Goods Sold Bad debt expense Depreciation Expense Amortization Expense Wages Expense Rent Expense Office Expense Supplies Expense Selling Expense Interest Expense Interest Revenue Income Tax Expense Totals 250 500 100 50 3,000 150 10,720 1,800 600 300 65 150 1,200 6,600 400 3,160 2,500 48,895 30 75 20,750 30 770 90 6,500 1,500 100 250 850 200 165 760 62,985 62,985