The following selected accounts and their current balances appear in the ledger of Kanpur Co, for the fiscal year ended June 30, 20Y Cash $128,000 Retained Earnings $564,100 Accounts Receivable 341,200 Dividends 76,600 Inventory 389,000 Sales 4,687,500 Estimated Returns Inventory 5,000 Cost of Goods Sold 2,711,300 Office Supplies 12,100 Sales Salaries Expense 762,400 Prepaid Insurance 9,300 Advertising Expense 209,700 Depreciation Expense- Office Equipment 281,600 Store Equipment 40,800 Accumulated Depreciation- Miscellaneous Selling Expense 17,900 office Equipment 191,400 Store Equipment 879,100 Office Salaries Expense 416,200 Accumulated Depreciation- Rent Expense 61,500 Store Equipment -281,600 Depreciation Expense- Accounts Payable 194,900 Office Equipment 30,700 Customer Refunds Payable 10,000 Insurance Expense 19.100 Salaries Payable 12,400 Office Supplies Expense 11,300 Note Payable Miscellaneous Administrative Exp. 8.200 (final payment due 2024) 410.000 Common Stock 71.500 Interest Expense 12,400 Kanpur Co. Income Statement For the Year Ended June 30, 2017 Expenses: Selling expenses: Total selling expenses Administrative expenses: $ $ Total selling expenses Administrative expenses: $ Total administrative expenses Total operating expenses $ 2. Prepare a statement of stockholders' equity. Additional common stock of $7,500 was issued during the year ended June 30, 2017 Kanpur Co. Statement of Stockholders' Equity For the Year Ended June 30, 2017 Common Stock Retained Earnings Total 3. Prepare a balance sheet, assuming that the current portion of the note payable is $20.00 KANPUR CO. Balance Sheet June 30, 2017 Assets Current assets: Total current assets Property, plant, and equipment Total property, plant, and equipment Total assets Liabilities Current liabilities: Total current liabilities Long-term liabilities: Total liabilities Stockholders' equity Liabilities Current liabilities: Total current liabilities Long-term liabilities: Total liabilities Stockholders' equity Total stockholders equity Total liabilities and stockholders' equity Multiple-step Single-step Income statement shows intermediate balances