The accounts of Full Out Corporation are listed along with their adjusted balances before closing for the year ended June 30, 2023. Prepaid Expenses Inventory Note payable, long-term Salaries & Wages payable Supplies Expense Depreciation Expense Sales revenue Insurance Expense Land Rent Expense Supplies Unearned sales revenue Sales Returns & Allowances Federal Income Tax Payable FICA - Social Security Taxes Payable FICA-Expense (Employer) 6,000 174,500 100,000 5,000 2,500 7,500 1,000,000 12,000 30,000 96,000 10,000 62,500 75,000 1,317 310 42,500 Accounts payable Accounts receivable Accumulated depreciation Common Stock Retained Earnings, July 1, 2022 Cash Cost of goods sold Dividends (declared & paid) Supplies Expense Equipment Salaries & Wages Expense Notes payable, short-term Sales Discounts Bonds Payable (Long-Term) FICA - Medicare Taxes Payable Interest Expense All month-end adjustments have already been made. Assume all accounts have normal balances. No dividends were declared or paid during the fiscal year. Requirements: 1. Prepare a multi-step income statement 2. Prepared the statement of retained earnings 3. Prepared a classified balance sheet 18,000 50,000 37,000 100,000 93,500 110,200 250,000 25,000 6,000 150,000 500,000 45,000 7,500 100,000 73 8,000