1. Prepare a multiple-step income statement. Total liabilities and stockholders' equity 4. Which type of income statement shows intermediate balances? Book value-store equipment Total property, plant, and equipment Total assets Liabilities Current liabilities: Accounts payable Salaries payable Customer refunds payable Estimated coupons payable Note payable (current portion) Total current liabilities Long-term liabilities: Note payable (long-term portion) Total liabilities Stockholders' equity Common stock Retained earnings Total stockholders' equity Miscellaneous administrative expense Total administrative expenses Total operating expenses Operating income Other revenue and expense: Interest expense Net income 2. Prepare a statement of stockholders' equity. Additional common stock of $7,500 was issued during the year ended June 30,20Y7. Kanpur Co. Statement of Stockholders' Equity For the Year Ended June 30, 20Y7 Multiple-step income statement and balance sheet The following selected accounts and their current balances appear in the ledger of Kanpur Co. for the fiscal year ended June 30, 20Y7: 3. Prepare a balance sheet, assuming that the current portion of the note payable is $19,500