Hi can you please check my work and send the correct answers I really need to know how to solve this or if i'm correct, thank you!

Instructions The following selected accounts and their current balances appear in the ledger of Clairemont Co. for the fiscal year ended May 31, 2019: Cash $ 240,000 Accounts Receivable 966,000 Merchandise Inventory 1,690,000 Estimated Returns Inventory 22,500 Office Supplies 13,500 Prepaid Insurance 8,000 Office Equipment 830,000 Accumulated Depreciation-Office Equipment 550,000 Store Equipment 3,600,000 Accumulated Depreciation-Store Equipment 1,820,000 Accounts Payable 326,000 Customer Refunds Payable 40,000 Salaries Payable 41,500 Note Payable (final payment due 2022) 300,000 Kristina Marble, Capital 3,449,100 Kristina Marble, Drawing 100,000 Sales 11,343,000 Cost of Merchandise Sold 7,850,000 Sales Salaries Expense 916,000 Advertising Expense 550,000 Depreciation Expense-Store Equipment 140,000 Miscellaneous Selling Expense 38,000 Office Salaries Expense 650,000 Rent Expense 94,000 Depreciation Expense-Office Equipment 50,000 Insurance Expense 48,000 Office Supplies Expense 28, 100 Miscellaneous Administrative Expense 14,500 Interest Expense 21,000 Required: 1. Prepare a multiple-step income statement. In the Other expenses section only, enter amounts that represent other expenses as negative numbers using a minus sign.* 2. Prepare a statement of owner's equity. Enter amounts that represent reduction as negative numbers using a minus sign. 3. Prepare a report form of balance sheet, assuming that the current portion of the note payable is $50,000. "Less" or "Plus" will automatically appear if it is required. 4. How multiple-step and single-step income statements differ. Be sure to complete the statement headings. Refer to the problem data and the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. A colon (:) will automatically appear if it is required.Labels and Amount Descriptions Labels Current assets Current liabilities For the Year Ended May 31, 2019 Long-term liabilities May 31, 2019 Operating expenses Other revenue and expense Property, plant, and equipment Amount Descriptions Gross profit Income from operations Increase in owner's equity Kristina Marble, capital, June 1, 2018 Kristina Marble, capital, May 31, 2019 Withdrawals Net income Net income for the Net loss Total administrative expenses Total assets Total current assets Total current liabilities Total liabilities Total liabilities and owner's equity Total operating Total property, plant, and equipment Total selling expensesPrepare a multiple-step income statement. Be sure to complete the statement heading. Refer to the problem data and the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. A colon (:) will automatically appear if it is required. In the Other expenses section only, enter amounts that represent other expenses as negative numbers using a minus sign. Clairemont Company Income Statement For the Year Ended May 31, 2019 1 Sales $11,343,000.( 2 Cost of merchandise sold 7,850,000.00 3 Gross profit $3,493,000.01 4 (Label) 5 Selling expenses: 6 Sales salaries expense $916,000.00 7 Advertising expense 550,000.00 8 Depreciation expense-store equipment 140,000.00 9 Miscellaneous selling expense 38,000.00 10 Total selling expenses $1,644,000.01 11 Administrative expenses: 12 Office salaries expense $650,000.00 13 Rent expense 94,000.00 14 Depreciation expense-office equipment 50,000.00 15 Insurance expense 18,000.00 16 Office salaries expense 28,100.00 17 Miscellaneous administrative expense 14,500.00 18 Total administrative expenses 884,600.00 19 Total operating expenses 2,528,600.00 20 Income from operations $964,400.00 21 Other revenue and expense: 22 Interest expense 21,000.00 23 Net income $943,400.00Statement of Owner's Equity Prepare a statement of owner's equity. Enter amounts that represent reduction as negative numbers using a minus sign. Be sure to complete the statement heading. Refer to the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. A colon (:) will automatically appear if it is required. Clairemont Company Statement of Owner's Equity For the Year Ended May 31, 2019 1 Kristina Marble, capital, June 1, 2018 $3,449,100.01 2 Net income for the year $943,400.00 3 Withdrawals 100,000.00 4 Increase in owner's equity 843,400.00 5 Kristina Marble, capital, May 31, 2019 $4,292,500.01Balance Sheet Prepare a report form of balance sheet. Be sure to complete the statement heading. Refer to the problem data and the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. Order the Property, Plant & Equipment accounts in the order shown on the Instructions page. A colon (:) will automatically appear if it is required. "Less" or "Plus" will automatically appear if it is required. Clairemont Company Balance Sheet May 31, 20 Assets 2 Current assets: 3 Cash $240,000.00 4 Accounts receivable 966,000.00 5 Merchandise inventory 1,690,000.00 6 Estimated returns inventory 225,000.00 7 Office supplies 135,000.00 8 Prepaid insurance 80,000.00 9 Total current assets $2,940,000.01 10 Property, plant, and equipment: 11 Office equipment $830,000.00 12 Less accumulated depreciation-Office equipment 550,000.00 13 Store equipment $3,600,000.01 14 Less accumulated depreciation-Store equipment 1,820,000.00 15 Total property, plant, and equipment 2,060,000.00 16 Total assets $5,000,000.01 17 Liabilities 18 Current liabilities: 19 Accounts payable $326,000.00 20 Customer refunds payable 40,000.00 21 Salaries payable 41,500.00 22 Note payable 50,000.00 23 Total current liabilities $457,500.00 24 Long-term liabilities: 25 Note payable 250,000.00 26 Total liabilities $707,500.00 27 Owner's Equity 28 Net income 4,292,500.00 29 Total liabilities and owner's equity $5,000,000.01