Prepare the following:

a. Statement of Operations (multiple step form) b. Statement of Financial Position

$ 10,830 2,825 8,310 -0% 106,015 CLASSIC THREADS Unadjusted Trial Balance December 31, 2019 Cash $ 10,275 Accounts receivable 22,665 Merchandise inventory 51,845 Store supplies. 2,415 Office supplies 775 Prepaid insurance 3,255 Store equipment 61,980 Accumulated amortization, store equipment Office equipment 12,510 Accumulated amortization, office equipment Accounts payable Salaries payable Sally Fowler, capital Sally Fowler, withdrawals 15,000 Sales Sales returns and allowances 5,070 Purchases 385,085 Purchases returns and allowances Purchases discounts Transportation-in. 5,125 Sales salaries expense 43,220 Rent expense, selling space 20,250 Store supplies expense -0% Amortization expense, store equipment -0- Office salaries expense 48,330 Rent expense, office space 8,850 Office supplies expense -0- Insurance expense -0 Amortization expense, office equipment -0- Totals $696,650 562,140 1,820 4,710 $696,650