Multi-Step INCOME STATEMENT 25 points ABC Ltd account balances (selected data), for the month-ended March 2022, are shown below. From this data, prepare a Multi-Step Income Statement for the month-ended March 31, 2022. Type your income statement in the text box as best you can (format is not graded for this question; use one line for each income statement line). Accounts payable $ 4,000 Accounts receivable Advertising Expense 7,500 Accumulated Depreciation, Equipment 8,000 2,000 Sales Discounts 1,000 Cash 1,300 Cost of goods sold 110,000 Depreciation Experise 4,000 Equipment 76,110 Interest expense ABC, Capital 125 32,300 ABC, Withdrawals Inventory 1,100 2,200 Accounts payable $4,000 Accounts receivable 7,500 Accumulated Depreciation, Equipment 8,000 Advertising Expense 2,000 Sales Discounts 1,000 Cash 1,300 Cost of goods sold 110,000 Depreciation Expense 4,000 Equipment Interest expense ABC, Capital 76,110 125 32,300 ABC, Withdrawals Inventory Rent expense 1,100 2,200 1,660 Rent payable 120 Sales 200,000 Sales returns and allowances 3,500 Supplies 300 Supplies expense Wages Expense 400 5,100 O H