Efficient Business Systems uses a perpetual inventory system. The adjusted trial balance of Efficient Business Systems at March 31, 2024, follows: Click the icon to view the adjusted trial balance.) Prepare Efficient's multi-step income statement for the year ended March 31, 2024. (Use a minus sign or parentheses to show other expenses.) Net Income (Loss) Efficient Business Systems Income Statement Year Ended March 31, 2024 Question 8, EF5-28 (similar to) > Data table Efficient Business Systems Adjusted Trial Balance March 31, 2024 HW Score: 41 ints: 0 - X Balance Account Title Debit Credit Cash 4,000 Accounts Receivable 13,200 Merchandise Inventory 30,300 Estimated Returns Inventory 1,100 Office Supplies 6,900 Equipment 42,400 Accumulated Depreciation-Equipment 13,600 Accounts Payable Refunds Payable Salaries Payable 6,700 1,800 600 Notes Payable, long-term Common Stock Retained Earnings Dividends 8,000 14,000 2,200 45,000 Print Done Merchandise Inventory 30,300 Estimated Returns Inventory 1,100 Office Supplies 6,900 Equipment 42,400 Accumulated Depreciation-Equipment 13,600 Accounts Payable Refunds Payable Salaries Payable 6,700 1,800 600 Notes Payable, long-term 8,000 Common Stock 14,000 2,200 Retained Earnings Dividends 45,000 Sales Revenue 233,000 Sales Discounts Forfeited 200 Cost of Goods Sold 93,200 Selling Expense 27,100 Administrative Expense 14,700 2,200 Interest Expense $ 280,100 $ 280,100 Total