The adjusted trial balance data given below is from the Morgan Company's worksheet for the year ended December 209 The expense accounts numbered 611-615 represent selling expenses, and thone numbered 621631 present general and admin expenses 41 ACCT NO. ACCOUNT NAME 399 Income Summary Sales 451 Sales Returns and Allowances 491 Interest Income 501 Purchases 502 Freight in 503 Purchases Returns and Allowances 504 Purchases Discounts 611 Sales Salaries Expense 613 Advertising Expense 615 Travel Expense 621 Office Salaries Expense 623 office Supplies Expense 625 Utilities Expense 627 Payroll Taxes Expense 629 Uncollectible Accounts Expense 631 Depreciation Expense - Office Equipment 591 Interest Expense ADJUSTED TRIAL BALANCE DEBIT CREDIT 60,000 60,00 320,000 4.60 8:26 160,800 3,700 2.300 2,600 61,000 2,500 12,200 19,000 820 5,200 2,200 1,420 620 2,300 pare a classified income statement for the year ended December 31, 2019 MORGAN COMPANY Income Statement Income Statement Year Ended December 31, 2016 Operating revenue Net sans Cost of goods sold Delivered cost of purchases Net delivered cost of purchases Total merchandise available for sale Operating expenses Selling expenses Total selling expenses General and administrative expenses Total general and administrative expenses Total operating expenses Net income from operations Other income Other expense Net non-operating expenses