Help Save & EX 1 The following income statement was prepared by an office clerk hired for July. As the accounting supervisor, you recognize that it is incorrect and prepare a corrected multi-step income statement 10 points 5563,540 37,700 18,280 5619,520 Demo Sales Income Statement For Month Ended July 31, 2020 Sales Accounts reivable Unearned soles Net Sales Operating expenses Accumulated depreciation, equipment Advertising expense Cost of goods sold Depreciation expense, equipment Insurance expense Interest expense Interest payable Der Condithdrawals Office supplies Prepaid Insurance $ 30,700 14,250 396,00 3,200 2.640 1.950 320 10,400 5.140