please help me out with part3 and 4. thanks

Seved Problem 4-3A Computing merchandising amounts and formatting income statements LO C2, P4 1 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 suppiles expense, and advertising expense. It categorizes the remaining expenses as general and administrative. eBook Debit Credit Merchandise inventory (ending) $ 41,000 Other (noninventory) assets 130,400 Total liabilities $ 25,000 Common stock 10.000 Xetained earnings 94.550 Dividends 3.000 Sales 225,600 Sales discount 2,250 Sales returns and allowances 12,000 Cost of goods sold 74,500 Sales salaries expense 32.000 Rent expense-selling space 8,000 Store supplies expense 1,500 Advertising expense 13,000 office salaries expense 28.500 Rent expense-office space 3.600 office supplies expense 400 Totals 5355,150 $355,150 Beginning merchandise inventory was $25.400. 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 592,000 2.000 4,500 4,600 Required: 1. 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 Required: 1. 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. Not Sales Sales $ 225.600 Less: Sales discounts 2.250 Less Sales returns and allowances 12,000 Net sales $ 211,350 Required 2 > Required: 1. 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, an general and administrative expenses. 4. Prepare a single-step income statement that includes these expense categories: cost of goods sold, selling expenses, and genera 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 total cost of merchandise purchased for the year. Cost of Marchandise Purchased Invoice cost of merchandise purchased $ Purchases discounts received Purchases returns and allowances Costs of transportation in Total cost of merchandiso purchased $ 92,000 (2000) (4.500) 4.800 90,100 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 Expenses Selling expenses 0 Total selling expenses General and administrative expenses 0 Total general and administrative expenses Total expenses 0 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Prepare a single-step income statement that includes these expense categories: cost of goods sold, selling expenses, and general and administrative expenses. VALLEY COMPANY Income Statement For Year Ended August 31 Net sales Expenses Cost of goods sold Selling expenses General and administrative expenses Total expenses O