need excel formulas, complete all questions

OH Merchandising operations and the multi-step income statement-Excel PAGE LAYOUT FORMULAS DATA REVIEW VIEW FILE X HOME INSERT X Sight in Caitri -11 Paste BIU- Cells Editing Clipboard A Alignment Number Conditional Formatas Cell Formatting Table Styles Styles Font D4 D B $37.500 28,600 43,300 2.000 69.000 A Cash Accounts Receivable Inventory 8 Prepaid Rent 9 Equipment 10 Accumulated Depreciation 11 Accounts Payable 12 Notes Payable 13 Common Stock 14 Retained Earnings, January 1, 20X1 15 Sales Revenue 16 Sales Returns and Allowances 17 Sales Discounts 18 Cost of Goods Sold 19 Salaries and Wages Expense 20 Depreciation Expense 21 Rent Expense 22 Interest Expense 23 Income Tax Expense 24 Totals 25 $20,700 8.800 20.000 75.000 31 800 175 500 4.700 6,000 67,700 25.900 13,800 24,000 1,600 7,700 $331,800 $331 800 D B 27 1. Prepare a multistep income statement that would be used for internal reporting purposes. 28 Note: When more than one correct account could appear in a cell list items in order of largest to 29 smallest dollar amounts. Use cell referencing to select account titles and values. 30 All numbers should appear as positive numbers. 31 2. After entering the formula in cell B52, use the Excel IF function to label cell A52 as either 32 "Net Income" or "Net Loss" as appropriate based on the value calculated in cell B52. 33 34 NOODLES UNLIMITED, INC. 35 Income Statement 36 For the Year Ended December 31, 20X1 37 Sales Revenue $175.500 38 (Less: 39 Sales Discount 6,000 40 Sales Returns and Allowances 4,700 41 Net Sales 164 800 42 Cost of Goods Sold 67,700 43 Gross Profit 97,100 44 Expenses: 45 Salaries and Wages Expense 25.900 46 Rent Expense 24,000 47 Depreciation Expense 13,800 48 Income from Operations 33.400 49 Interest Expense 1,600 50 Income before Income Tax Expense 31,800 51 Income Tax Expense 7,700 52 $24.100 53 54 3. Compute the gross profit percentage. 55 Note: Make sure to include * 700 at the end of your formula 56 in order to convert the decimal to a percentage. 57 Gross Profit Percentage percent 58 Sheet1 . READY FE