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Question 1 (40 points) [ ] The work sheet for Bentley Inc. is shown below. Complete the classified multi-step income statement on the right. Bentley Inc. Income Statement For the year ended December 31, 2014 x x x x x BE DO DE ETT Balance Sheet and Income Statement of Statement Changes in Equity Debit Credit Debit Credit Accumulated Depreciation, Office Equipment 11,500 Accumulated Depreciation, Store Equipment 42,500 Cost Of Goods Sold 115,500 Depreciation Expense, Office Equipment 11,500 Depreciation Expense, Store Equipment 15,000 Dividends 36,500 Income Taxes Expense 12,500 Income Taxes Payable 12,500 Interest Expense 13,500 Liabilities 33,500 Merchandise Inventory 104,500 Office Equipment 58,000 Office Supplies Expense 87,000 Rent Earned 214,000 Rent expense, office space 77,500 Rent expense, selling space 91,500 Retained Earnings 75,000 Sales 300,000 Sales Discounts 4,500 Sales Returns and Allowances 5,500 Share Capital 120,000 Store Equipment 146,000 Store Supplies Expense 30,000 Totals 464,000 514,000 345,000 295,000 Net Income 50,000 50,000 Totals 514,000 514,000 345,000 345,000