Accounts
Interest expense	16,000	Depreciation - sales	11,180
Depreciation expense, admin.	7,380	Sales Discounts	31,150
Sales telephone expense	13,850	Miscellaneous selling expenses	11,765
Cost of Goods Sold	886,270	Maintenance and repairs	9,130
Sales returns and allowances	62,300	Property tax expense, admin	7,320
Sales commissions expense	92,600	Supplies expense, admin.	8,450
Salespersons' salaries	46,260	Administration telephone	4,820
Sales Revenue	1,543,000	Office expenses, admin.	6,000
Salespersons' travel	28,800	Dividends received	38,000
Delivery expense	21,400	Income tax expense	97,000
		Depreciation understatement due to error - 2011 (net of tax)	13,300
		Dividends declared on preferred stock	12,000
		Dividends declared on common stock	34,500
The balance in Retained Earnings at July 1, 2013 was		337,000
The number of shares of common stock outstanding is		80,000
In the space below, prepare the following statements for the year ended June 30, 2014:
multiple-step income statement, single-step income statement, and statement of retained earnings