Prepare multi step income statement for the year ended June 30, 2024. 

Rachael Rey's Music Company Adjusted Trial Balance June 30, 2024 Account Title Cash Accounts Receivable Merchandise Inventory Estimated Returns Inventory Office Supplies Furniture Accumulated Depreciation-Furniture Accounts Payable Refunds Payable Salaries Payable Uneamed Revenue Notes Payable, long-term Common Stock Retained Earnings Dividends Sales Revenue Sales Discounts Forfeited Cost of Goods Sold Selling Expense Administrative Expense Interest Expense Total Debit 4,200 38,200 18,100 250 750 39,900 43,500 Balance 83,700 19,200 17,500 1,700 267,000 $ Credit 8,200 14,100 700 1,250 6,800 13,000 8,000 28,600 186,000 350 267,000