the full question is posted, not sure what else you need

o Chapter 7 Homework 100 , 000 380 ,ooo Help Save & Exit Submit Check my work 2 e BOO k Use the following information to prepare a multistep income statement and a balance sheet for Sherman Equipment Company for Year 2. (Hint. Some of the items will not appear on either statement, and ending retained earnings must be calculated.) Salaries expense Common stock Notes receivable (short term) Allowance for doubtful accounts Uncollectible accounts expense Supplies Interest revenue Sales revenue Dividends Interest receivable (short term) Beginning retained earnings $84, 000 39 , 000 9,300 9,600 2, 700 6,900 3,000 88 , soo Operating expenses Cash Flon from investing activities Prepaid rent Land Cash Inven tory Accounts payable Salaries payable Cost Of goods sold Accounts receivable Complete this question by entering your answers in the tabs below. Req A1 Req A1 Prepare a multistep income statement for Sherman Equipment Company for Year 2. Income Statement Operating Expenses Total Operating Expenses Nonoperating Items Req AZ