see the attachment

Rusio Company's adjusted trial balance on August 31, 2009, its fiscal year-end, follows: Debit Merchandise inventory Other (noninventory) assets Total liabilities Common stock Retained earnings Dividends Sales Sales discounts Sales returns and allowances Cost of goods sold Sales salaries expense Rent expense Selling space Store supplies expense Advertising expense Office salaries expense Rent expense Office space Office supplies expense Totals Credit $ 40,000 160,000 $ 46,200 77,723 53,844 8,000 273,600 4,186 18,058 105,665 37,483 12,859 3,283 23,256 34,200 3,283 1,094 $ 451,367 $ 451,367 On August 31, 2008, merchandise inventory was $32,280. Supplementary records of merchandising activities for the year ended August 31, 2009, reveal the following itemized costs: Invoice cost of merchandise purchases Purchase discounts received Purchase returns and allowances Costs of transportation-in $117,600 2,470 5,645 3,900 11. value: 5 points Requirement 1: Compute the company's net sales for the year.(Amounts in parentheses do not require a minus sign in front of them. Omit the "$" sign in your response.) Less: $ () () $ 12. value: 5 points Requirement 2: Compute the company's total cost of merchandise purchased for the year. (Amounts in parentheses do not require a minus sign in front of them. Omit the "$" sign in your response.) $ () () Total cost of merchandise purchased $ 13. value: 10 points Requirement 3: Prepare a multiple-step income statement that includes separate categories for Selling Expenses and for General and Administrative Expenses. (Omit the "$" sign in your response.) Rusio Company Income Statement For Year Ended August 31, 2009 $ Less: $ () Expenses Selling expenses Total selling expenses General and administrative expenses Total general and administrative expenses Total expenses $ 14. value: 10 points Requirement 4: Prepare a single-step income statement that includes these expense categories: cost of goods sold, selling expenses, and general and administrative expenses. (Omit the "$" sign in your response.) Rusio Company Income Statement For Year Ended August 31, 2009 $ Expenses $ Total expenses $