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The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise inventory amounted to $58,275 on January 1, 2019, and $51,225 on December 31, 2019. The expense accounts numbered 611 through 617 represent selling expenses, and those numbered 631 through 646 represent general and administrative expenses. Accounts 401 Sales 451 Sales Returns and Allowances 491 Miscellaneous Income 501 Purchases S02 Freight In 583 Purchases Returns and Allowances 584 Purchases Discounts 611 Salaries Expense-Sales 614 Store Supplies Expense 617 Depreciation Expense Store Equipment 631 Rent Expense 634 Utilities Expense 637 Salaries Expense-Office 640 Payroll Taxes Expense 643 Depreciation Expense-Office Equipment 646 Uncollectible Accounts Expense 691 Interest Expense $244,600 Cr. 4,200 Dr. 250 Cr. 102,100 Dr. 1,825 Dr. 3,450 Cr. 1,650 Cr. 43,882 Dr. 2,160 Or. 1,360 Dr. 12,000 Dr. 2,850 Dr. 19,600 Dr. 4,500 Dr. 420 Dr. 570 Dr. 440 Dr. Prepare a classified income statement for this firm for the year ended December 31, 2019 BRIDGETS OFFICE SUPPLIES Income Statement Operating revenue Net sales Cost of goods sold DRIU Income Statement Operating revenue Net sales Cost of goods sold Total merchandise available for sale Operating expenses Selling expenses Total Selling Expense General and Administrative Expenses Operating expenses Selling expenses Total Selling Expense General and Administrative Expenses IT - L 1 Total general and admin expenses Total operating expenses - Other income

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