OBOOK Calculator 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 30, 2017: Cash $92,000 Retained Earnings Accounts Receivable 450,000 Dividends Inventory 370,000 Sales Estimated Returns Inventory 5,000 Cost of Goods Sold Office Supplies 10,000 Sales Salaries Expense Prepaid Insurance 12,000 Advertising Expense Office Equipment 220,000 Depreciation Expense-Store Equipment Accumulated Depreciation-Omice Equipment 58,000 Miscellaneous Selling Expense Store Equipment 650,000 Ome Salaries Expense Accumulated Depreciation-Store Equipment 87,500 Rent Expense Accounts Payable 38,500 Insurance Expense Customers Refunds Payable 10,000 Depreciation Expense-Office Equipment Salaries Payable 4,000 Office Supplies Expense Note Payable (final payment due in 20 years) 140,000 Miscellaneous Administrative Exp. Common Stock 50,000 Interest Expense $381,000 300,000 8,925,000 5,620,000 850,000 420,000 33,000 18,000 540,000 48,000 24,000 10,000 4,000 6,000 12,000 Required: Check My Work