Selected unadjusted accounts for Big Red Paper Company on December 31, 2022 are presented below: Office Salaries Expense 85,000
Interest Revenue 12,000
Cost of Goods Sold 690,750
Sales 940,500
Sales Salaries Expense 90,000
Store Supplies Expense 15,000
Office Supplies Expense 10,250
Interest Expense 9,500
Dividends 15,750
Unearned Revenue 25,000 a) Prepare a Multiple Step Income Statement for the year. 3-column format and 3-line header are required. b) Using the data above, close the adjusted temporary accounts in journal entry format.