Required: answer questions $1-4$ with the attachment below

$1.$ Compute the company's net sales for the year.

$2.$ Compute the company's total cost of merchandise purchased for the year.

$3.$ Prepare a multiple$-$step income statement that includes separate categories for net sales, cost of goods sold, selling expenses,

and general and administrative expenses.

$4.$ Prepare a single$-$step income statement that includes these expense categories: cost of goods sold, selling expenses, and

general and administrative expenses.