e work sheet for Zcom Inc. is shown below. mplete the classified multi-step income statement on the right. Income Statement Debit Credit Zcom Inc. Income Statement For the year ended December 31, 2014 Balance Sheet and Statement of Changes in Equity Debit Credit 26,000 16,500 Net sales 66,500 9,500 16,500 Gross profit from sales Operating expenses Selling expenses 33,500 19,500 Accumulated Depreciation, Store Equipment Accumulated Depreciation, Store Furniture. Cost Of Goods Sold Depreciation Expense, Store Equipment Depreciation Expense, Store Furniture Dividends Interest Expense Liabilities Merchandise Inventory. Office Supplies Expense Rent expense, office space Rent expense, selling space Rent revenue Retained Earnings Sales 298,500 91,500 Total selling expenses General and administrative expenses 77,500 55,500 58,000 Total general and administrative expenses Total operating expenses, 111,000 101,500 181,500 Other revenues and expenses x Net sales Gross profit from sales Operating expenses Selling expenses Total selling expenses General and administrative expenses Total general and administrative expenses Total operating expenses Accumulated Depreciation, Store Furniture Cost Of Goods Sold Depreciation Expense, Store Equipment Depreciation Expense, Store Furniture Dividends Interest Expense Liabilities Merchandise Inventory. Office Supplies Expense Rent expense, office space Rent expense, selling space, Rent revenue Retained Earnings Sales Sales Discounts Sales Returns and Allowances Share Capital Store Equipment Store Furniture Store Supplies Expense Totals Net Loss Totals 16.500 66,500 9,500 16,500 33,500 19.500 298,500 91,500 77,500 55,500 58,000 111,000 101,500 181,500 33.000 24,500 113,000 236,000 50,500 76.000 436,500 292,500 411,500 555,500 144,000 144,000 436,500 436,500 555,500 555,500 Other revenues and expenses N