1, Prepare a multiple-step income statement, owner's equity statement and classified balance sheet

Trial Hale DR CR 10,000 15.000 18,000 100 4900 100.000 360.000 MODO 320,000 ACNA Cash Accounts receivable Alwce bad debe Mersunface Stoes Sur Prepaid Instances Furniture was Accumulated species-Fun Fas Cena Aaeutilitaal unara tears Accomes prie Wapes para Und also Notes Payable. Long Terms Botas Con Captal John Columns Withdrawal Saker Sales discount Sales and was Cost of doll Wars Epe Inme Expense Depreciation person and interes Deprecaten Expone-Coppe Store Supplies Expo Llisme Bal Dreht Interessere Total 150.000 900.000 2.200,000 95.000 1.161.000 120,000 95 150,000 490,000 IMO,000 DOOD 00 ST 5.706.000 The following additional information is available at December 31, 2018: Insurance of $450,000 was paid on May 1, 2018 for the 10- months to February 2019. The furniture and fixtures have an estimated useful life of 10 years and is being depreciated on the straight-line method down to a residual value of $100.000 The computer equipment was acquired on March 1, 2018 and is being depreciated over 10 years on the double-declining method of depreciation, down to a residue of $60,000 in Wages earned by employees NOT yet paid amounted to 15,000 at December 31, 2018 A physical count of inventory at December 31, reveals $180,000 worth of inventory on hand. e At December 31, $140,000 of the previously unearned sales revenue had been camed. til The aging of the Accounts Receivable schedule at December 31 indicated that the estimated uncollectible on account receivable should be $45.000