3&9 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, 2017: Cash Accounts Receivable $126,900 341,200 Inventory 385,600 Estimated Returns Inventory 5,000 Office Supplies 12,000 Prepaid Insurance 9,300 Office Equipment 279,200 Accumulated Depreciation-Office Equipment 189,700 Store Equipment 871,500 Accumulated Depreciation-Store Equipment 279,200 Accounts Payable 190,200 Salaries Payable 12,300 Customer Refunds Payable 10,000 Estimated Coupons Payable 3,000 Note Payable (final payment due in 20 years) 405,000 Common Stock Retained Earnings 75,600 559,100 Dividends Sales Cost of Goods Sold 76,000 4,646,500 2,687,600 Sales Salaries Expense 755,800 Advertising Expense 207,800 Depreciation Expense-Store Equipment 40,500 Miscellaneous Selling Expense 17,700 Office Salaries Expense 412,600 Rent Expense 60,900 Insurance Expense 18,900 Depreciation Expense-Office Equipment 30,500 Office Supplies Expense. 11,200