With their year-end of May 31, 2021, fast approaching, Weyburn General Store wants to examine their financial performance. From the trial balance information below, prepare a classified multistep income statement (the company uses a perpetual inventory system).

Debit Credit

Accounts Payable - $ 3,000

Accounts Receivable -

Accumulated Depreciation, Building-Office- $ $21,300 Accumulated Depreciation, Equipment-Store $ $11,800 Advertising Expense 18,300 $ Building - Office $177,100 $ Cash 9,400 $ Cost of Goods Sold $1,416,900 $ Depreciation Expense, Building-Office $7,100 $ Depreciation Expense, Equipment-Store $3,500 $ Equipment - Store $70,800 $ Ethel Hardachre, Capital $243,000 Ethel Hardachre, Withdrawals $108,600 $ Insurance-Office Expense $4,300 $

Interest Expense $10,000 $ Interest Receivable - $ - $ Interest Revenue- $ $29,500 Merchandise inventory $177,100 $ Notes Receivable $5,900 $ Prepaid Insurance $1,700 $ Prepaid Rent $8,500 $ Rent revenue - $ $17,700 $

Rent-Store Expense $52,000 $ Sales- $ $2,314,200 Sales Discounts $1,400 $ Sales Returns & Allowances $8,300 $ Supplies-store Expense $5,900 $ Unearned Revenue - $ $7,400

Utilities-Office Expense $13,200 $ Wages Payable - $ - $ Wages-Marketing Expense $118,100 $ Wages-Office Expense $186,600 $ Wages-Store Expense $243,200 $ $2,647,900 $2,647,900