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, 2015: Cash $117,100 Gerri Faber, Drawing $70,100 Accounts Receivable 305,700 Sales 4,233,100 Merchandise Inventory 355,900 Cost of Merchandise Sold 2,480,600 Office Supplies 11,000 Sales Salaries Expense 697,600 Prepaid Insurance 8,500 Advertising Expense 191,800 Office Equipment 257,700 Depreciation Expense-Store Equipment 37,400 Accumulated Depreciation-Office Equipment 175,100 Miscellaneous Selling Expense 16,400 Store Equipment 804,300 Office Salaries Expense 380,800 Accumulated Depreciation-Store Equipment 257,700 Rent Expense 56,200 Accounts Payable 178,300 Insurance Expense 17,400 Customer Refunds Payable 28,100 Depreciation Expense-Office Equipment 28,100 Salaries Payable 11,400 Office Supplies Expense 10,300 Note Payable (final payment due in eight years) Gerri Faber, Capital 375,000 Miscellaneous Administrative Exp. 7,500 607,100 Interest Expense 11,400 Required: