The accounts for the year ended October 31, 2016, for Lake City Industries, Inc., are listed next:

Requirements
1. Prepare Lake City Industries, Inc.'s multi-step income statement.
2. Prepare Lake City Industries, Inc.'s statement of retained earnings.
3. Prepare Lake City Industries, Inc.'s classified balance sheet in report form?

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Cost of Goods Sold. Accumulated Depreciation, Equipment. Unearned Sales Revenue Sales Revenue. $380,700 85,000 11,600 4,200 12,300 1,700 2,500 6,800 155,000 $135,400 Equipment. Accounts Payable. Sales Discounts . Advertising Expense. Interest Expense Salaries Payable. 26,400 4,300 4,800 43,600 Prepaid Rent. Office Salaries Expense (General) ... Accumulated Depreciation, Building . Utilities Expense (General). 61,200 3,800 60,000 18,450 7,850 1,100 7,500 Accounts Receivable. Building.. Sales Returns and Dividends.. Cash. Retained Earnings, 10/31/2015. Delivery Expense. Insurance Expense (General) Mortgage Payable (Long-Term) Supplies. Allowances. 6,800 65,000 Common Stock. Depreciation Expense (General). Inventory... Commission Expense.. 10,300 20,700 31,200 50,000 900