The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts. Prepare a classified income statement for this firm for the year ended December 31, 2019.

The merchandise inventory amounted to $59,775 on January 1, 2019, and $52,725 on December 31, 2019. The expense accounts numbered 611 through 617 represent selling expenses, and those numbered 631 through 646 represent general and administrative expenses.

ACCOUNTS

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401 451 491 501 502 503 504 611 614 617 631 634 637 640 643 646 691 Sales Sales Returns and Allowances Miscellaneous Income Purchases Freight In Purchases Returns and Allowance Purchases Discounts Salaries Expense-Sales Store Supplies Expense Depreciation Expense-Store Equipment Rent Expense Utilities Expense Salaries Expense-Office Payroll Taxes Expense Depreciation Expense-Office Equipment Uncollectible Accounts Expense Interest Expense $248,900 Cr 4,350 Dr 400 Cr 103,600 Dr 1,975 Dr 3,600 Cr 1,800 Cr 5,300 Dr 2,310 Dr 1,510 Dr 13,500 Dr 3,000 Dr 21,100 D 6,000 Dr 570 Dr 720 Dr 740 Dr