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You are screen sharing Stop Share \begin{tabular}{l|r|r|} \hline Account Titles & \multicolumn{2}{|c|}{ Debits } \\ \hline Cash & $37,500 & \\ \hline Accounts Receivable & 28,600 & \\ \hline Inventory & 43,300 & \\ \hline Prepaid Rent & 2,000 & \\ \hline Equipment & 69,000 & \\ \hline Accumulated Depreciation & & $20,700 \\ \hline Accounts Payable & & 8,800 \\ \hline Unearned Fees & & 20,000 \\ \hline Long-term Notes Payable & & 75,000 \\ \hline J. Noodle, Capital & & 31,800 \\ \hline Sales Revenue & & 175,500 \\ \hline Sales Returns and Allowances & 4,700 & \\ \hline Sales Discounts & 6,000 & \\ \hline Cost of Goods Sold & 67,700 & \\ \hline Salaries and Wages Expense & 25,900 & \\ \hline Depreciation Expense & 13,800 & \\ \hline Rent Expense & 24,000 & \\ \hline Interest Expense & 1,600 & \\ \hline Loss on Sale of Equipment & 7,700 & \\ \hline Totals & $331,800 & \\ \hline \end{tabular} Prepare a multistep income statement that would be used for internal reporting purposes ote: When more than one correct account could appear in a cell, list items in order of largest mallest dollar amounts. Use cell referencing to select occount titles and values. Il numbers should appear as positive numbers. After entering the formula in cell B52, use the Excel IF function to label cell A52 as either Net Income" or "Net Loss" as appropriate based on the value calculated in cell B52

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