Multiple-Step Income Statement On March 31, 20Y9, the balances of the accounts appearing in the ledger of Royal Furnishings Company, a furniture store, are as follows: Accounts Receivable. Accumulated Depreciation-Building Administrative Expenses Building Cash Common Stock Cost of Goods Sold Dividends $170,000 Inventory $1,026,100 726,550 547,250 Notes Payable 302,350 Office Supplies 20,100 2,543,250 Retained Earnings 1,337,050 178,000 Salaries Payable 8,100 286,150 Sales 6,351,400 3,958,1001 Selling Expenses 693,450 182,400 9,800 Store Supplies 91,800 Interest Expense Prepare a multiple-step income statement for the fiscal year ended March 31, 2019. Royal Furnishings Company Income Statement For the Year Ended March 31, 2019 Gross profit Expenses: Total expenses Other expense: 000