please help to figure out the appropiate answers!! thank you in advance!

come statement and balance sheet Labels and Amount Descriptions Income Statement Statement of Owner's Equity Balance Sheet Final Question Instructions The following selected accounts and their current balances appear in the ledger of Claremont Co. for the fiscal year ended May 31, 2018: Cash $ 232,700 957,000 1,668,600 22,500 Accounts Receivable Merchandise Inventory Estimated Returns Inventory Office Supplies Prepaid Insurance Office Equipment 11,800 7,100 827,000 547,000 3.606,000 1.814,800 373,100 22,500 Accumulated Depreciation Office Equipment Store Equipment Accumulated Depreciation Store Equipment Accounts Payable Customer Refunds Payable Salaries Payable Note Payable (final payment due 2022) Kristina Marble, Capital Kristina Marble, Drawing Sales Cost of Merchandise Sold 37,500 310,000 3,329,800 107,900 11.377,100 7,851,600 Check My Work 2 more Check My Work uses remaining. Assignment Score: 61.44% Print Item uctions Cost of Merchandise Sold Sales Salaries Expense 7,851,600 904,000 554,400 Advertising Expense Depreciation Expense-Store Equipment Miscellaneous Selling Expense Office Salaries Expense 132, 100 39,000 654,000 Rent Expense 88,900 45,000 41,000 Depreciation Expense-Ottice Equipment Insurance Expense Office Supplies Expense Miscellaneous Administrative Expense Interest Expense 35,100 10,400 15,700 Required: 1. Prepare a multiple-step income statement. In the other revenue and Operating Expenses section only enter amounts that represent Other revenue and Operating Expenses as negative numbers using a minus sign. 2. Prepare a statement of owner's equity. Use a minus (-) sign to indicate any negative amount." 8. Prepare a report form or balance sheet, assuming that the current portion of the note payable is $53,700 Less" or Plus will automatically appear if it is required. 4. Which type of income statement shows intermediate balances? Income Statement Clairemont Company Income Statement For the Year Ended May 31, 2019 Sales $11,377,100.00 Cost of merchandise sold 7,851,600.00 $3,525,500.00 $904,000.00 Gross profit Operating Expenses Selling Operating Expenses Sales salaries expense Advertising expense Miscellaneous selling expense Depreciation expense-store equipment Total selling operating expenses Administrative Operating Expenses Office salaries expense 554,400.00 39,000.00 132,100.00 10 $1,629,500.00 12 5654,000.00 15 Rent expense 88,900.00 14 Insurance expense 41,000.00 Check My Work 2 more Check My Work uses remaining Anment to 1 Uwner's Equity Balance 7 554400.00 $ 39,000.00 132,100.00 10 $1,629,500.00 Income Statement Advertising expense Miscellaneous selling expense Depreciation expense-store equipment Total selling operating expenses Administrative Operating Expenses: Office salaries expense Rent expense Insurance expense Office supplies expense Depreciation expense office equipment Miscellaneous administrative expense 12 $654,000.00 88,900.00 13 41,000.00 35,100.00 45,000.00 13 10,400.00 11 874,400.00 19 1,100,100,00 20 Interest expense $24.700.00 a total operating income: n Interest expense 25 Net Income Check My Work 2 more Check My Work uses remaining Labels and Amount Descriptions Income Statement Statement of Owner's Equity Balance Sheet Final Que ncome Statement Statement of Owner's Equity Prepare a statement of owner's equity. Use a minus (-) sign to indicate any negative amount. Be sure to complete the statement heading. Refer to the list of Label Descriptions provided for the exact wording of the answer choices for text entries. A colon () will automatically appear it is required 10 11 12 Clairemont Company Statement of Owner's Equity For the Year Ended May 31, 2019 1 Kristina Marble, capital, June 1, 2018 Increase in owner's equity 3 Net Income for the year 4 Withdrawals 5. Kristina Marble capital, May 31 2019 ack My Work 2 mom Check My Work uses remaining, ome Statement Statement of Owner's Equity Balance Sheet Pri Clairemont Company ad Balance Sheet May 31, 2019 Assets label 10 label 15 My Work 2 more Check My Work uses remaining Score 614496 Statement of Owner's Equity Balance Sheet Pri 15 10 Dd 16 17 Liabilities 1 15 Label) 1 19 14 20 21 11 2 22 17 3 23 4 5 25 26 28 Owner's Equity 22 28 29 Statement of Owner's Equity Balance Sheet PA Final Question 15 X 10 DE 16 Which type of income statement shows intermediate balances ? 13 12 112 Single-step 18 13 Multiple-step 14 20 15 1 21 16 22 12 2 3 23 13 41 24 19 5 25 20 26 21 BE 22 B 19