Instructions On March 31, 2099, the balances of the accounts appearing in the ledger of Royal Furnishings Company, a furniture store, are as follows Accounts Receivable $165 250 758,050 Accumulated Depreciation Building Administrative Expenses 522,950 Building Cash Common Stock Cost of Goods Sold Dividends 2,558,950 184,200 308,650 3,884,500 184,250 9,500 1,008,800 Interest Expense Inventory 250,600 20,200 Notes Payable Office Supplies Retained Earnings Sataries Payable Sales Selling Expenses Store Supplies 1,349,550 7,750 6.243.700 733.950 94.450 A Prepare a multiple-step income statement for the fiscal year ended March 31, 2049. Be sure to complete the statement heading Refer to the information given in the exercise and 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 itt is required. For those boxes in which you must enter subtracted or negative numbers use a minus sign B. What is a major advantage of the multiple-step income statement over the single-step income statement