Part A -Using the trial balance provided below, prepare the following: 1. Multiple-Step Income Statement (4 points) 2. Retained Earnings Statement (1 points) 3. Classified Balance Sheet (10 points) Part A-Trial Balance S Cash Accounts Receivable Allowance for Doubtful Accounts Inventory Trading Securities (cost $ 145,000) Equipment Accumulated Deperciation - Equipment Building Accumulated Deperciation - Building Land Franchises Patents Debt Investments (long-term) Equity Investments (long-term) Accounts Payable Salaries and Wages Payable Notes Payable (short-term) Dividends Payable Accrued Liabilities Notes Payable (long-term) Bonds Payable Common Stock, Par $ 5.00 APIC Treasury Stock Retained Earnings Dividends Declared Sales Revenue Sales Discounts Sales Returns and Allowances COGS Selling Expenses Administrative Expenses Loss due to storm damage Rent Revenue Gain on sale of equipment Income Tax Expense Useh Tele Solutions, Inc. Trial Balance December 31, 2019 Debit Credit 652,000 850, 210 $ 25,000 1,586,000 153,000 622,790 60,000 1,040,000 152,000 260,000 250,000 405,000 650,000 350,000 725,000 18,000 177.000 250,000 125,000 1,325,000 1,500,000 1,000,000 80,000 225,000 715,000 500,000 11,555,000 55,000 40,000 6,180,000 2,250,000 1,100,000 238,000 110,000 15,000 425,000 17,832,000 17,832,000