2 /2 - 60% + 2. (35 Points) From The Following Alphabetical List of Accounts, please prepare in good form a Multiple -Step Income Statement for the Month Ended April 30, 2021 for Bates Company. * *"Not all listed accounts are Income Statement accounts - work carefully! Accounts Payable $32,000 Accounts Receivable 13,500 Accumulated Depreciation - Equipment 12,000 Cash 38,500 Cost of Goods Sold 72,000 Depreciation Expense 5,000 Equipment 50,000 Freight-out 7,000 Insurance Expense 3,500 Interest Expense 3,500 Interest Payable 2,200 Interest Revenue 5,000 Inventory 48,000 Mortgage Payable 24,500 Owners Capital 80,000 Owners Drawing 20,000 Prepaid Insurance 9,000 Rent Expense 12,000 Salaries Expense 25,000 Salaries Payable 5,500 Sales Discounts 4,200 Sales Returns and Allowances 6,800 Sales Revenue 175,000 Supplies 6,000 Supplies Expense 2,800 Page 2 itv