At the end of the year on December 31, 2025, the company rep…
At the end of the year on December 31, 2025, the company reported the following adjusted trial balance: DebitCredit Cash1,000 Accounts Receivable1,000 Inventory1,000 Land1,000 Accounts Payable 1,000 Notes Payable 1,000 Common Stock 1,000 Service Revenue 1,000 4,0004,000 Required:Prepare a multi-step income statement. Not all blanks will be used for the financial statements, but all accounts in the trial balance should be used.