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Enter your search term Exercise 3-15A (Algo) Single-step and ruraStep come statements LO 3-6 The following information was taken from the accounts of Green Market, a delicatessen, at December 31, Year 2. The accounts are listed in alphabetical order, and each has a normal balance Accounts payable Accounts receivable Advertising expense Cash Common stock Cost of goods sold Interest expense Merchandise inventory Prepaid rent Retained earnings, 1/1/Year 2 Sales revenue Salaries expense Rent expense Gain on sale of land $ 606 406 2ee 416 206 6ee 64 390 46 641 1,050 190 lee 101 Required rinn tha sinnl.stan and multisten annroach Single step Enter your search term Multistep Prepare an income statement for the year using the single-step approach. (Enter any lo GREEN MARKET Single-Step Income Statement For the Year Ended December 31, Year 2 Expenses Total cost and expenses 0 Net income (loss) Multistep Income Statement Enter your search term For the Year.nded December 31, Year 2 0 Operating expenses Total operating expenses Operating income (loss) Non-operating items 0 Net income (loss)