Multiple-Step Income Statement On March 31, 20Y4, the balances of the accounts appearing in the ledger of Danns Furnishings Company, a furniture wholesaler, are as follows: Accumulated DepreciationBuilding $744,800 Merchandise Inventory $970,300 Administrative Expenses 548,400 Notes Payable 237,950 Building 2,376,800 Office Supplies 19,700 Cash 172,450 Salaries Payable 7,900 Cost of Merchandise Sold 3,967,050 Sales 6,526,800 Interest Expense 9,600 Selling Expenses 698,000 Kathy Melman, Capital 1,508,500 Store Supplies 90,600 Kathy Melman, Drawing 179,500 Question Content Area a. Prepare a multiple-step income statement for the year ended March 31, 20Y4. Danns Furnishings Company Income Statement For the Year Ended March 31, 20Y4 $- Sele