Multiple-step income statement and balance sheet

The following selected accounts and their current balances appear in the ledger of Kanpur Co. for the fiscal year ended June 30, 20Y7:

Cash	$117,000		Retained Earnings	$515,500
Accounts Receivable	314,600		Dividends	70,000
Inventory	355,500		Sales	4,283,800
Estimated Returns Inventory	5,000		Cost of Goods Sold	2,477,800
Office Supplies	11,000		Sales Salaries Expense	696,800
Prepaid Insurance	8,500		Advertising Expense	191,600
Office Equipment	257,400		Depreciation Expense Store Equipment	37,300
Accumulated Depreciation Office Equipment	174,900		Miscellaneous Selling Expense	16,400
Store Equipment	803,400		Office Salaries Expense	380,400
Accumulated Depreciation Store Equipment	257,400		Rent Expense	56,200
Accounts Payable	178,100		Depreciation Expense Office Equipment	28,100
Customer Refunds Payable	10,000		Insurance Expense	17,400
Salaries Payable	11,400		Office Supplies Expense	10,300
Note Payable (final payment due 2024)	375,000		Miscellaneous Administrative Exp.	7,500
Common Stock	67,500		Interest Expense	11,400

Required:

1. Prepare a multiple-step income statement.

2. Prepare a statement of stockholders equity. Additional common stock of $7,500 was issued during the year ended June 30, 20Y7.

3. Prepare a balance sheet, assuming that the current portion of the note payable is $18,750

4. Which type of income statement shows intermediate balances?