Required 1 Required 2 Required 3 Prepare a multiple-step income statement for the year ended January 31 that begins ith gross sales and includes separate categories for net sales, cost of goods sold, selling expenses, and general and administrative expenses. NELSON COMPANY Income Statement For Year Ended January 31 0 0 0 Expenses Selling expenses Required information 0 Expenses Selling expenses Total selling expenses General and administrative expenses 0 Total general and administrative expenses Total expenses 0 0 Required Information Required 1 Required 2 Required 3 Prepare a single-step income statement for the year ended January 31. NELSON COMPANY Income Statement For Year Ended January 31 Expenses 0 Total expenses