Problem III - Multiple-Step Income Statement (15 points) Below is a partial listing of the adjusted account balances of TL Department Store at year-end on December 31, 2018 Accounts Receivable $ 20,000 Cost of Goods Sold 260.000 Selling Expenses (includes depreciation) 36,000 Interest Expense 2,500 Accumulated Depreciation - Building 12,000 Sales Discounts 20.000 Merchandise Inventory 47,000 Administrative Expenses (includes depreciation) 17,000 Sales 400,000 Accounts Payable 15.000 Interest Revenue 900 Instructions Using whatever data you believe appropriate, prepare a multiple-step income statement for TL Department Store for the year ended December 31, 2018