2. From the adjusted trial balance given below for Proctor Products & Productions Co., prepare a multiple-step income statement in good form for the month of January 2021. Salaries expense should be equally divided between selling activities and the general and administrative activities. Proctor Products & Productions Co. Adjusted Trial Balance January 31, 2021 Cash Accounts Receivable Merchandise Inventory Office Supplies Prepaid Insurance Store equipment Accum Deprec - Store equipment Office Equipment Accum Deprec - Office equipment Accounts Payable Notes Payable Common Stock Retained Earnings Dividends sales Sales Discounts Sales Returns and Allowance Cost of goods sold Salaries Expense Deprec Expense - Store equipment Deprec Expense - Office equipment Advertising Expense Office supplies expense Insurance Expense Gain on disposal of asset Interest Expense 10,500 19,000 26,000 5,420 8,000 84,000 22,000 40,000 15.000 12,000 40,000 20,000 39,650 28,000 492,000 11,070 14,000 346,000 38,400 4,000 2,200 5,500 960 4,200 7,600 1,000 648,250 648,250