On March 31, 2019, the balances of the accounts appearing in the ledger of Racine Furnishings Company, a furniture wholesaler, are as follows: Accumulated Depreciation-Building $740,950 Administrative Expenses 544,400 Building 2,512,350 Cash 180,950 Cost of Merchandise Sold 3,957,700 Interest Expense 9,950 Kathy Melman, Capital 1,629,600 Kathy Melman, Drawing 175,450 Merchandise Inventory 938,750 Notes Payable 245,000 Office Supplies 20,500 Salaries Payable 7,750 Sales 6,634,950 Selling Expenses 733,400 Store Supplies 87,150 Required: a. Prepare a multiple-step income statement for the year ended March 31, 2019. Be sure to complete the heading of the statement.