Quality Office Systems Adjusted Trial Balance March 31, 2016 Balance Account Title Debit Credit Cash $4,200 Accounts Receivable 13,500 Merchandise Inventory 31,800 Office Supplies 6,200 Equipment 43,100 Accumulated Depreciation-Equipment $14,100 Accounts Payable Salaries Payable Notes Payable, long-term Brady, Capital Brady, Withdrawals 42,000 Sales Revenue 239,000 Sales Returns and Allowances 1,700 Sales Discounts 1,400 Cost of Goods Sold 95,600 Selling Expense 27,400 Administrative Expense Interest Expense Total $283,500$ 283,500 Quality Office Systems uses a perpetual inventory system. The adjusted trial balance of Quality Office Systems at March 31 , 2016, follows: (Click the icon to view the adjusted trial balance.) Prepare Quality Office's single-step income statement for the year ended March 31, 2016