Name PROBLEM #2 The following are selected accounts and their current balances as they appear in the Ledger of Nautical Company for the fiscal year ending June 30, 20XX. $ Cash Accounts Receivable Allowance for Doubtful Accounts Merchandise Inventory Estimated Returns Inventory Office Supplies Prepaid Insurance Office Equipment Accumulated Depr. - Office Eqiup Store Equipment Accumulated Depr. - Store Eqiupt Accounts Payable Customer Refunds Payable Salaries Payable Notes Payable (Due 2025 240,000 990,000 24,000 1,690,000 22,500 13,500 8,000 830,000 550,000 3,600,000 1,820,000 326,000 40,000 41,500 300,000 Kristina Marble, Capital Kristina Marble, Drawing Sales Cost of Merchandise Sold Sales Salaries Expense Advertising Expense Depreciation Expense - Store Eq. Misc. Selling Expense Office Salaries Expense Rent Expense Depreciation Expense - Office Eq. Insurance Expense Office Supplies Expense Misc. Administrative Expense Interest Expense $ 3,449,100 100,000 11,343,000 7,850,000 916,000 550,000 140,000 38,000 650,000 94,000 50,000 48,000 28,100 14,500 21,000 INSTRUCTIONS: In proper FORMAT, on a separate page please Manually present the Multistep Income Statement and the Classified Balance Sheet for this year. Please include your NAME on the sheet