Please help gind the Income Statement, Balance sheet and Statement of Stockholders' Equity

pie-step income statement and balance sheet Instructions Labels and Amount Descriptions Income Statement Statement of Stockholders' Equity Instructions The following selected accounts and their current balances appear in the ledger of Clairemont Co. for the fiscal year ended May 31, 20Y2: $238,400 965,200 1,771,300 21,900 17.900 3,300 821,200 Cash Accounts receivable Inventory Estimated returns inventory Office supplies Prepaid insurance Office equipment Accumulated depreciation-office equipment Store equipment Accumulated depreciation-store equipment Accounts payable Customer refunds payable Salaries payable Note payable (final payment due in 6 years) Common stock 544,100 3,601,000 1,816,900 364,800 44,100 37,400 300,000 493,800 Retained earnings 2,999,000 Dividends 91,700 11.320 600 loc Instructions Sales 11,320,600 7,851,900 898,300 559.200 145,000 39,400 648,200 Cost of goods sold Sales salaries expense Advertising expense Depreciation expense-store equipment Miscellaneous selling expense Office salaries expenso Rent expense Depreciation expense-office equipment Insurance expense Office supplies expense Miscellaneous administrative expense Interest expense 90,800 47,100 45,900 28,000 6,300 28,700 Required: 1. Prepare a multiple-step income statement. Be sure to complete the statement heading. Refer to the problem data and the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. A colon () will automatically appear if it is required. For those boxes in which you must enter subtracted or negative numbers use a minus sign 2. Prepare a statement of stockholders' equity. Additional common stock of $75,000 was issued during the year ended May 31, 2072. Refer to the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. For those boxes in which you mus- Instructions Office salaries expense 648,200 Rent expense 90,800 Depreciation expense-office equipment 47,100 Insurance expense 45.900 Office supplies expenso Miscellaneous administrative expense 28,000 6,300 Interest expense 28,700 Required: 1. Prepare a multiple-step income statement. Be sure to complete the statement heading. Refer to the problem data and the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. A colon () will automatically appear if it is required. For those boxes in which you must enter subtracted or negative numbers use a minus sign. 2. Prepare a statement of stockholders equity. Additional common stock of $75,000 was issued during the year ended May 31, 2012. Refer to the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. For those boxes in which you must enter subtracted or negative numbers use a minus sign. 3. Prepare a balance sheet, assuming that the current portion of the note payable is $58,000. Be sure to complete the statement heading. Refer to the problem data and the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. A colon ( will automatically appear if it is required. For those boxes in which you must enter subtracted or negative numbers use a minus sign. 4. Briefly explain how multiple-step and single-step income statements differ. Labels and Amount Descriptions Labels Administrative expenses Current assets Current liabilities For the Year Ended May 31, 20Y2 Long-term liabilities May 31, 20Y2 Operating expenses Other revenue and expense Property, plant, and equipment Selling expenses Amount Descriptions Balances, June 1, 20Y1 Balances, May 31, 20Y2 Book value-office equipment Book value-store equipment Dividends Gross profit Labels and Amount Descriptions Book value-office equipment Book value-store equipment Dividends Gross profit Issued common stock Net income Net loss Note payable (current portion) Operating income Total administrative expenses Total assets Total current assets Total current liabilities Total liabilities Total liabilities and stockholders' equity Total operating expenses Total property, plant, and equipment Total selling expenses Total stockholders' equity Multiple-step income statement and balance sheet Instructions Labels and Amount Descriptions Income Statement Statement of Stockholders' Equity Shaded cells have feedback Statement of Stockholders' Equity Income Statement Balance Sheet Shaded cete have feedback Shaded celo have toedback 3. Prepare a balance sheet, assuming that the current portion of the nate payable is $68,000. Be sure to complete the statement reading. Refer to the probleem data and the Mat of Labels and Amount Descriptions provided for the exact wording of the answer choices for best entries. A color () will automatically pour if it is required. For those boxes in which you must enter subtracted or negative numbers use a minus sign Question not attempted Claremont Co Score: 0/243 Balance Sheet Label 1 Assets Label 5 Label