The following selected accounts and their current balances appear in the ledger of Clairemont Co. for the fiscal year ended May 31,20Y2 : Income Statement Income Statement Required: 1. Prepare a multiple-step income statement. 2. Prepare a statement of owner's equity. Maureen Leon invested an additional $75,000 in the business during the year ended May 31, 20 Y2. 3. Prepare a balance sheet, assuming that the current portion of the note payable is $58,000. 4. Briefly explain how multiple-step and differ. Clairemont Co. Statement of Owner's Equity (Label) Clairemont Co. Balance Sheet (Label)