xercise 3-15A (Algo) Single-step and multistep income statements LO 3-6 The following information was taken from the accounts of Green Market, a delicatessen, at December 31, Year 2. The accounts are sted in alphabetical order, and each has a normal balance. Accounts payable Accounts receivable Advertising expense Cash Common stock Cost of goods sold Interest expense Merchandise inventory Prepaid rent Retained earnings, 1/1/Year 2 Sales revenue Salaries expense Rent expense $ 610 410 200 420 210 700 60 350 50 645 1,100 230 100 45 Gain on sale of land Required Prepare an income statement for the year using the single-step and multistep approach Complete this question by entering your answers in the tabs below. Single step Multistep Prepare an income statement for the year using the multistep approach. (Enter any losses with a minus sign.) GREEN MARKET Multistep Income Statement For the Year Ended December 31, Year 21