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I need help with this, Can someone explain how to do the rest because I dont understan SL The following selected accounts and their current

I need help with this, Can someone explain how to do the rest because I dont understan
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SL The following selected accounts and their current balances appear in the ledger of Kanpur Co. for the fiscal year ended June 30, 2045: Cash $124,200 Gerri Faber, Drawing $74,400 Accounts Receivable 321,500 Sales 4,491,800 Merchandise Inventory 377,650 Cost of Merchandise Sold 2,632,200 Office Supplies 11,700 Sales Solaris Expense 740,200 Prepaid Insurance 9,100 Advertising Expense 203,600 Office Equipment 273,400 Depreciation Expense-Store Equipment 39,700 Accumulated Depreciation-Office Equipment 185,800 Miscellaneous Selling Expense 17,400 Store Equipment 853,500 Office Salaries Expense 404,100 Accumulated Depreciation --Store Equipment 273,400 Rent Expense 59,700 Accounts Payable 189,200 Insurance Expense 18,500 Customer Refunds Payable 29,800 Depreciation Expense-Office Equipment 29,800 Salaries Payable 12,100 Office Supplies Expense 11,000 Note Payable (final payment due in eight years) 397.500 Miscellaneous Administrative Exp. 7.900 Gerri Faber, Capital 642,050 Interest Expense 12.100 Required: O o O DI $ 82F 550 PM 10/15/2021 msiyentSessionLocator:&inprogress=false eBook Required: 1. Prepare a multiple-step income statement Kanpur Co. Income Statement For the Year Ended June 30, 20YS Sales Cost of merchandise sold 4,491,80 2,632,20 Gross profit 1,859,60 Expenses: Selling expenses: Sales salaries expense 404,100 Advertising expense 203,600 Depreciation expense-store equipment 39,700 Miscellaneous selling expense 7,900 Total selling expenses 6,555,300 Administrative expenses Office salaries expense 11,000 Rent expense 59.700 o BD E CE 0 82F 550 PM TO/15/2021 39,700 eBook Depreciation expense-store equipment Miscellaneous selling expense Total selling expenses Administrative expenses: Office salaries expense Rent expense 7,900 6,555,300 11,000 59,700 Insurance expense 18,500 Depreciation expense office equipment 29,800 Office supplies expense 11,000 7,900 Miscellaneous administrative expense Atal administrative expenses Total operating expenses Income from operations 137,900 Other expenses Interest expense Net Income Kanpur Co. Statement of Owner's Equity For the Year Ended June 30, 2045 Gerri Faber, capital, July 1, 2014 642,050 Net Income for the year Withdrawals 74,400 Increase in owner's equity Gerri Faber, capital, June 30, 2015 June 30, 2015 sets rrent assets: Cash Accounts receivable 124,200 321,500 377,650 11,700 9,100 844,150 Merchandise Inventory Office supplies Prepaid insurance tal current assets yerty, plant, and equipment: Difice equipment Less accumulated depreciation Office equipment Store equipment Less accumulated depreciation Store equipment tal property, plant, and equipment 273,400 185,800 853,500 tal assets abilities

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