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 , 2017: Cash $108,200 Retained Earnings $476,900 Accounts Receivable 291,100 Dividends 64,800 Inventory 328,900 Sales 3,963,200 Estimated Returns Inventory 5,000 Cost of Goods Sold 2,292,400 Office Supplies 10,200 Sales Salaries Expense 644,600 Prepaid Insurance 7,900 Advertising Expense 177,300 Office Equipment 238,100 Depreciation Expense--Store Equipment 34,500 Accumulated Depreciation Office Equipment 161,800 Miscellaneous Selling Expense 15,100 Store Equipment 743,300. Office Salaries Expense 351,900 Accumulated Depreciation-Store Equipmen 238,100 Rent Expense 52,000 Accounts Payable 161,800 Insurance Expense 16,100 Salaries Payable 10,500 Depreciation Expense-Office Equipment 26,000 Customer Refunds Payable 10,000 Office Supplies Expense 9,500 Estimated Coupons Payable 3,000 Miscellaneous Administrative Expense 6,900 Note Payable (final payment due in 20 Years) 345,000 Interest Expense 10,500 Common Stock 64,000 Required: 1. Prepare a multiple-step income statement 199 63F Sunnya eBook 1. Prepare a multiple-step income statement. Expenses Selling expenses Total selling expenses Administrative expenses o 63F Sunny 09 eBook Total administrative expenses Total operating expenses 2. Prepare a statement of stockholders' equity. Additional common stock of $7.500 was issued during the year ended June 30, 2017 Kanpur Statement of Stockholders' Equity For the Year Ended June 2017 Common Stock Retained Earnings Total E 63"F Sunny 5 11:25 AI 12/4/20 99. Final eBook Common Stock Retained Earnings Total 3. Prepare a balance sheet, assuming that the current portion of the nate payable is $17,250, KANDORO Balance Show Assets Current assets o ti 63F Sunny 11:25 AM 12/4/2021 198 Content Mandolinoksimenticatinprogress nd Final eBook Current sets Yotal frenta Property plant and equipment Total property plants and equipment Total assets Liabilities o 63F Sunny 11:25 AM 12/4/2021 ch en/mement Main.dovoker mente locatori prosto Final cock Totalcumentation Long-term abilities Totatisbilite Stockholders' equity Total stockholders equity Total abilities and stockbolders equity 4. Which te of income statement shows intermediate balances O O sl 63F Sunny 6 11:25 AM 12/4/2221