COMPLETE ALL 3 req.!

Requirements 1. Prepare Tucker Department Store's multi-step income statement for the year ended December 31, 2024. Assume ending Merchandise Inventory is $36.800 2. Journalize Tucker Department Store's closing entries. 3. Prepare a post-closing trial balance as of December 31, 2024 Print Done Data Table Tucker Department Store Adjusted Trial Balance December 31, 2024 Balance Account Title Debit Credit Cash 8,600 Accounts Receivable 85,400 Merchandise Inventory (beginning) 37,700 Office Supplies 500 Furniture 88,000 Accumulated Depreciation-Furniture 18,300 Accounts Payable 29,700 Salaries Payable 3.100 Unearned Revenue 14,300 Notes Payable, long-term 31.000 Common Stock 60,000 Retained Earnings 12,900 Dividends 89,200 Sales Revenue 389,000 Purchases 297,000 Purchase Returns and Allowances 113,000 Purchase Discounts 6,800 Freight in 300 Selling Expense 42,000 Administrative Expense 26,400 Interest Expense 3,000 $ 678,100 $ 678,100 Total Tucker Department Store uses a periodic inventory system. The adjusted trial balance of Tucker Department Store at December 31, 2024, follows: Click the icon to view the adjusted trial batance.) Read the requirements. Requirement 1. Prepare Tucker Department Store's multi-step income statement for the year ended December 31, 2024. Assume ending Merchandise Inventory is $36,800. (Use a minus sign or parentheses to show other expenses) Begin by calculating the gross profit, then complete the income statement in the next step. Tucker Department Store Income Statement Year Ended December 31, 2024 Less Plus: Less Gross Profit