a. Prepare a multiple-step income statement for the year ended March 31, 20Y4

Kathy Melman, Drawing 98,000 a. Prepare a multiple-step income statement for the year ended March 31, 20Y4. Danns Furnishings Company Income Statement For the Year Ended March 31, 20Y4 Sales Cost Of merchandise SO d Gross profit Expenses: Administrative expenses Total expenses llnceme frem ooerations Other expense: Interest .pense Net income aoo,ooo 302,000 3,382.000 2,123.000 1,459.000 702,000 6.000