Section 2 (7 Marks) [CLO 2] Below is a partial listing of the adjusted account balances of Pacific Department Store at year end on December 31, 2017 Accounts Receivable Cost of Goods Sold Selling Expenses (includes depreciation) Interest Expense Accumulated Depreciation-Building Sales Discounts Unearned Service Revenue Inventory 18,500 Administrative Expenses includes depreciation) Sales Revenue Accounts Payable Interest Revenue $ 10,500 107,500 13,500 400 16,500 6,500 14,000 9,000 165,000 4,500 300 Instructions: Using the data provided as appropriate, prepare a multiple-step income statement for Pacific Department Store for the year ended December 31, 2017. Justify your answers by giving a reasonable argument