The following selected accounts and their current balances appear in the ledger of Kanpur Co. for the fiscal year ended June 30, 2017: Cashi $127,000 Retained Earnings $559,700 Accounts Receivable 338,600 Dividends 76,000 Inventory 386,000- Sales 4,651,300 Estimated Returns Inventory 5,000 Cost of Goods Sold 2,690,400 Office Supplies 12,000 Sales Salaries Expense 756,600 Prepaid Insurance 9,300 Advertising Expense 208,100 Depreciation Expense- Office Equipment 279,500 Store Equipment 40,500 Accumulated Depreciation- Miscellaneous Selling Expense 17,800 Office Equipment 189,900 Store Equipment 872,400 Office Salaries Expense 413,000 Accumulated Depreciation- Rent Expense 61,000 Store Equipment 279,500 Depreciation Expense- Accounts Payable 193,400 Office Equipment 30,500 Customer Refunds Payable 10,000 Insurance Expense) 18,900 Salaries Payable 12,400 Office Supplies Expense 11,200 Note Payable Miscellaneous Administrative Exp. 8,100 (final payment due 2024) 405,000 Common Stock 73,100 Interest Expense 12,400 1. Prepare a multiple-step income statement. Kanpur Co. Income Statement For the Year Ended June 30, 2017 Expenses: Selling expenses: Total selling expenses. Administrative expenses: Check My Work 2 more Check My Work uses remaining