CHECK FIGURES: 1. Operating expenses = $134,050; 2. Loss = $1,650

The following adjusted trial balance information was taken from the end of the July 31, 2017, fiscal year for Brilliant Sales:

	Debit	Credit
Cash	$6,500
Merchandise Inventory	12,220
Supplies	2,400
Prepaid Insurance	1,150
Store equipment	29,400
Accumulated depreciation, store equipment		7,500
Office equipment	15,600
Accumulated depreciation, office equipment		8,100
Accounts payable		6,400
Ty Brilliant, capital		107,920
Ty Brilliant, withdrawals	61,000
Sales		395,400
Sales discount	1,200
Cost of goods sold	261,800
Depreciation expense, store equipment	1,500
Depreciation expense, office equipment	1,250
Sales salaries expense	39,000
Office salaries expense	32,000
Insurance expense, store	4,100
Insurance expense, office	2,800
Rent expense,office space	13,100
Rent expense, selling space	21,000
Office supplies expense	2,600
Store supplies expense	1,800
Advertising expense	14,900
Totals	525,320	525,320

Brilliant Sales uses a perpetual inventory system.

Required

1. Prepare a classified multiple-step income statement for use by internal users (like Exhibit 5.13).

2. Prepare a multiple-step income statement for external users (like Exhibit 5.14).

3. Prepare a single-step income statement (like Exhibit 5.15).