Cacuango Company's adjusted trial balance on August 31, 2010. its fiscal year-end, follows. On August 31, 2009. merchandise inventory was $25, 400. 1. Compute the company's net sales for the year. 2. Compute the company's total cost of net purchases for the year. 3. Prepare a multiple-step income statement that includes separate categories for selling expenses and for general and administrative expenses. 4. Prepare a single-step income statement that includes these expense categories: cost of goods sold, selling expenses, and general and administrative expenses