Quality Office Systems uses a perpetual inventory system. The adjusted trial balance of Quality Office Systems at March 31, 2018, follows: (Click the icon to view the adjusted trial balance) Prepare Quality Office's multi-step income statement for the year ended March 31, 2018. (Use a minus sign of parentheses to show other expenses.) Quality Office Systems Income Statement Year Ended March 31, 2018 Not Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses Selling Expense $ Administrative Expense Total Operating Expenses Operating Income Other Income and (Expenses) 27,400 14.200 Quality Office Systems uses a perpetual inventory system. The adjusted trial balance of Quality Office Sy E (Click the icon to view the adjusted trial balance.) Prepare Quality Office's multi-step income statement for the year ended March 31, 2018. (Use a minus s Net Sales Revenue Cost of Goods Sold $ 27,400 14,200 Gross Profit Operating Expenses: Selling Expense Administrative Expense Total Operating Expenses Operating Income Other Income and (Expenses): Interest Expense Total Other Income and (Expenses) (2.800) Net Income (Loss) 27 of 29 (27 complete) i Data Table Quality Office Systems Adjusted Trial Balance March 31, 2018 Balance Account Title Debit Credit $ Cash Accounts Receivable Merchandise Inventory Office Supplies Equipment Accumulated Depreciation--Equipment Accounts Payable Salaries Payable 3.700 13,300 31,500 6,300 42,900 13,900 9,200 800 O con Print Done o 27 of 29 (27 complete) Data Table 42,900 $ 13.900 9,200 800 8,600 Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries Payable Notes Payable, long-term Mumford, Capital Mumford, Withdrawals Sales Revenue Cost of Goods Sold Selling Expense Administrative Expense Interest Expense 22.950 41,500 235.700 107,550 27,400 14,200 2.800 Total 291,150 $ 291,150 Print Done o