The following selected acoounts and their current balanoes appear in the ledger of Druid Hills Co, for the fiscal year ended May 31 , 20V. Required: 1. Prepare a muitiple-step income statement: * 2. Prepare a statement of owner's equity * 3. Prepare a balance sheet, assuming that the current portion of the note payable is 556,900 .* 4. How muitiple-step and single-step income statements differ. *Be sure to read the instructions for each financial statement carefuliy