Requlred:

Compute the company's net sales for the year.

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

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

and general and administrative expenses.

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

general and administrative expenses.

Complete this question by entering your answers in the tabs below.

Required $1$

Required $2$

Required $4$

Compute the company's net sales for the year.