please answer all 4 requirments for a like! thank you!

Valley Company's adjusted trial balance on August 31, its fiscal year-end, follows. It categorizes the following accounts as selling expenses sales salaries expense rent expense-selling space, store supplles expense, advertising expense. It categorizes the remaining expenses as general and administrative. Credit $ 39,270 113,619 232,560 Debit Merchandise inventory (ending) $ 34,000 Other (noninventory) assets 136,000 Total liabilities K. Valley, Capital K. Valley. Withdrawals 8,000 Sales sales discounts 3,558 Sales returns and allowances 15,349 Cont of goods sold 90,401 Sales salaries expense 31.861 Rent expense-Selling space 10,930 Store supplies expense 2,791 Advertising expenso 19.768 office salaries expense 29,070 Rent expense-office space 2,791 office supplies expense 930 Totals $385,449 $385,449 Beginning merchandise inventory was $27438. Supplementary records of merchandising activities for the year ended August 31 reveal the following itemized costs. Invoice cost of merchandise purchases Purchases discounts received Purchases returns and allowances costs of transportation in $99,960 2.099 4,798 3,900 Required: Compute the company's net sales for the year 2. Compute the company's total cost of merchandise purchased for the year. 3. Prepare a multiple-step income statement that includes separate categories for net sales, cost of goods sold, selling expenses, and general and administrative expenses. 4. Prepare a single-step income statement that includes these expense categories: cost of goods sold, selling expenses, and general and administrative expenses Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the company's net sales for the year. Net Sales Sales Net sales Required: Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Prepare a multiple-step income statement that includes separate categories for net sales, cost of goods sold, selling expenses, and general and administrative expenses. VALLEY COMPANY Income Statement For Year Ended August 31 0 0 0 Expense Selling expenses 0 Total selling expenses General and administrative expenses Total general and administrative expenses Total expenses 0 0