eBook Show Me How Calculator Printem $419,000 $547,000 Accumulated Depreciation-Building Administrative Expenses Building Cash Cost of Merchandise Sold Interest Expense Kathy Melman, Capital Kathy Melman, Drawing 302,000 1,397,000 98,000 2,123,000 6,000 887,000 98,000 Merchandise Inventory Notes Payable Office Supplies Salaries Payable Sales Selling Expenses Store Supplies 140,000 11,000 4,000 3,582,000 400,000 50,000 a. Prepare a multiple-step income statement for the year ended March 31, 2014. Danns Furnishings Company Income Statement For the Year Ended March 31, 2014 Sales 152.000 Cost of merchandise sold 2,123,000 Gross profit 1459.000 Expenses Selling expenses 400.000 Administrative expenses 303,000 Total expenses 702,000 Income from operations Other expenser Interest expense Net Income Check My Work eBook Show Me How Calculator Printem $419,000 $547,000 Accumulated Depreciation-Building Administrative Expenses Building Cash Cost of Merchandise Sold Interest Expense Kathy Melman, Capital Kathy Melman, Drawing 302,000 1,397,000 98,000 2,123,000 6,000 887,000 98,000 Merchandise Inventory Notes Payable Office Supplies Salaries Payable Sales Selling Expenses Store Supplies 140,000 11,000 4,000 3,582,000 400,000 50,000 a. Prepare a multiple-step income statement for the year ended March 31, 2014. Danns Furnishings Company Income Statement For the Year Ended March 31, 2014 Sales 152.000 Cost of merchandise sold 2,123,000 Gross profit 1459.000 Expenses Selling expenses 400.000 Administrative expenses 303,000 Total expenses 702,000 Income from operations Other expenser Interest expense Net Income Check My Work