26) From the adjusted trial balance given below for the Grayson Company, prepare a multiple- step income statement in good form. Salaries expense and building depreciation expense should points) be equally divided between selling activities and the general and administrative activities. (14 Grayson Company Adjusted Trial Balance December 31 Cash Debit Credit Accounts receivable $19,500 Merchandise inventory 27,000 Office supplies 38,000 Store equipment 1,200 80,000 Accumulated depreciation-store equipment 25,000 Building 260,000 Accumulated depreciation-building 121,600 Accounts payable 28,500 Salaries payable 10,000 Common stock 50,000 Retained earnings 119,900 Dividends 45,000 Sales 450,000 Sales discounts 8,000 Sales returns and allowances 24,500 Cost of goods sold 210,000 Salaries expense 38,000 Depreciation expense-store equipment 16,000 Depreciation expense-building 24,000 Advertising expense 12,300 Office supplies expense 3,500 Gain on disposal of store equipment 3,000 Interest expense 1,000 Totals $808.000 $808,000