The accounting records for ALB, Inc., reflected the following amounts at the end of July 2018: (Click the icon to view the accounts.) Prepare ALB's multistep income statement for the fiscal year ended July 31, 2018. (Use a minus sign or parentheses for a loss.) ALB, Inc. i Data Table Income Statement Year Ended July 31, 2018 Sales revenue 40,000 Cost of goods sold 21,000 Cash ...................$ Total operating expenses ...... Accounts payable............ Total stockholders' equity Estimated refund liability ...... Long-term notes payable ...... 19,000 2,700 4,500 4,600 15,750 750 14,000 3,200 800 Cost of goods sold........... $ Equipment, net ........... Accrued liabilities .......... Sales revenue ........ Accounts receivable Prepaid rent... .......... Estimated inventory returns ... Interest expense ............ 21,000 26,100 2,300 40,000 3,800 1,800 600 400 Total operating expenses Operating income (loss) Interest expense Inventory Salaries payable............. Net Income (loss) Print | Done |