The answers to the income statement

Multiple-Step Income Statement On March 31, 20Y5, the balances of the accounts appearing in the ledger of Lange Daughters Inc. are a Administrative Expenses $ 950,000 Inventory $ 800,000 Accumulated Dep. - Building 4,000,000 Notes Payable 900,000 Building 19,000,000 Office Supplies 50,000 Common Stock 1,000,000 Retained Earnings 12,365,000 Cash 2,970,000 Sales 17,850,000 Cost of Goods Sold 10,350,000 Selling Expenses 1,650,000 Dividends 200,000 Store Supplies 150,000 Interest Expense 45,000 a. Prepare a multiple-step income statement for the year ended March 31, 20Y5. Lange Daughters Inc. Income Statement For the Year Ended March 31, 20Y5 Operating expenses: Total anorating ovnoncoc