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 $170,000 730,450 535,400 Building 2,446,200 Cash 166,950 Common Stock 311,400 Cost of Goods Sold 3,909,450 Dividends 178,400 Interest Expense 10,350 Inventory $969,900 Notes Payable 320,700 Office Supplies 19,400 Retained Earnings 1,324,300 Salaries Payable 7,800 Sales 6,407,650 Selling Expenses 696,950 Store Supplies 87,000 a. Prepare a multiple-step income statement for the fiscal year ended March 31, 20Y9.