where am I going wrong with this

1. Multiple-Step Income Statement and Balance Sheet

   The following selected accounts and their current balances appear in the ledger of Kanpur Co. for the fiscal year ended June 30, 20Y5:

   Cash	$92,000		Gerri Faber, Drawing	$300,000
   Accounts Receivable	450,000		Sales	8,925,000
   Merchandise Inventory	375,000		Cost of Merchandise Sold	5,620,000
   Office Supplies	10,000		Sales Salaries Expense	850,000
   Prepaid Insurance	12,000		Advertising Expense	420,000
   Office Equipment	220,000		Depreciation ExpenseStore Equipment	33,000
   Accumulated DepreciationOffice Equipment	58,000		Miscellaneous Selling Expense	18,000
   Store Equipment	650,000		Office Salaries Expense	540,000
   Accumulated DepreciationStore Equipment	87,500		Rent Expense	48,000
   Accounts Payable	38,500		Insurance Expense	24,000
   Customer Refunds Payable	10,000		Depreciation ExpenseOffice Equipment	10,000
   Salaries Payable	4,000		Office Supplies Expense	4,000
   Note Payable (final payment due in eight years)	140,000		Miscellaneous Administrative Exp.	6,000
   Gerri Faber, Capital	431,000		Interest Expense	12,000

   Required:

   1. Prepare a multiple-step income statement.

   Kanpur Co. Income Statement For the Year Ended June 30, 20Y5
   Gerri Faber, capitalGross profitNet incomeSalesNote payableSales			$fill in the blank 2
   Accounts payableCost of merchandise soldInsurance expenseMerchandise inventoryStore equipmentCost of merchandise sold			fill in the blank 4
   Accounts payableGross profitIncome from operationsNet incomeNet salesGross profit			$fill in the blank 6
   Expenses:
   Selling expenses:
   Cost of merchandise soldNet salesOffice suppliesMia Reynolds, DrawingSales salaries expenseSales salaries expense	$fill in the blank 8
   Accounts payableAdvertising expenseCashDepreciation expense-office equipmentMerchandise inventoryAdvertising expense	fill in the blank 10
   Accounts receivableAccumulated depreciation-store equipmentGerri Faber, capitalDepreciation expense-store equipmentStore equipmentDepreciation expense-store equipment	fill in the blank 12
   Cost of merchandise soldMiscellaneous selling expenseOffice equipmentOffice salaries expenseSalesMiscellaneous selling expense	fill in the blank 14
   Total selling expenses		$fill in the blank 15
   Administrative expenses:
   Gerri Faber, capitalMerchandise inventoryOffice salaries expenseOffice suppliesSalaries PayableOffice salaries expense	$fill in the blank 17
   Accounts payableAccounts receivableNotes payableRent expenseSalesRent expense	fill in the blank 19
   Accounts payableCashInsurance expensePrepaid insuranceStore equipmentInsurance expense	fill in the blank 21
   Accumulated depreciation-office equipmentCashDepreciation expense-office equipmentOffice equipmentOffice suppliesDepreciation expense-office equipment	fill in the blank 23
   Accounts payableOffice equipmentOffice supplies expenseOffice suppliesSalesOffice supplies expense	fill in the blank 25
   Accounts receivableCashInterest expenseMiscellaneous administrative expenseNotes payableMiscellaneous administrative expense	fill in the blank 27
   Total administrative expenses		fill in the blank 28
   Total operating expenses			fill in the blank 29
   Gross profitIncome from operationsLoss from operationsNet incomeNet lossIncome from operations			$fill in the blank 31
   Cost of merchandise soldGross profit:Net sales:Other expense:Other income:
   Advertising expenseInterest expenseMiscellaneous selling expenseOffice supplies expenseSales discountsInterest expense			fill in the blank 34
   Gross profitIncome from operationsLoss from operationsNet incomeNet lossNet income			$fill in the blank 36

   2. Prepare a statement of owner's equity.

   Kanpur Co. Statement of Owner's Equity For the Year Ended June 30, 20Y5
   Increase in owner's equityWithdrawalsNet income for the yearGerri Faber, capital, July 1, 20Y4Gerri Faber, capital, June 30, 20Y5Gerri Faber, capital, July 1, 20Y4		$fill in the blank 38
   Decrease in owner's equityIncrease in owner's equityNet income for the yearGerri Faber, capital, July 1, 20Y4Gerri Faber, capital, June 30, 20Y5Net income for the year	$fill in the blank 40
   Decrease in owner's equityIncrease in owner's equityWithdrawalsGerri Faber, capital, July 1, 20Y4Gerri Faber, capital, June 30, 20Y5Withdrawals	fill in the blank 42
   Decrease in owner's equityIncrease in owner's equityWithdrawalsGerri Faber, capital, July 1, 20Y4Gerri Faber, capital, June 30, 20Y5Increase in owner's equity		fill in the blank 44
   Increase in owner's equityWithdrawalsNet income for the yearGerri Faber, capital, July 1, 20Y4Gerri Faber, capital, June 30, 20Y5Gerri Faber, capital, July 1, 20Y4		$fill in the blank 46

   3. Prepare a balance sheet, assuming that the current portion of the note payable is $7,000.

   Kanpur Co. Balance Sheet June 30, 20Y5
   Assets
   Current assets:
   Accounts payableCashOffice equipmentRent expenseSalesCash		$fill in the blank 48
   Accounts payableAccounts receivableGerri Faber, capitalInterest expenseStore equipmentAccounts receivable		fill in the blank 50
   Accumulated depreciationInterest expenseMerchandise inventoryNote payableRent expenseMerchandise inventory		fill in the blank 52
   Gerri Faber, capitalOffice equipmentOffice supplies expenseOffice suppliesMiscellaneous expense		fill in the blank 54
   Accounts payableCost of merchandise soldInsurance expenseNote payablePrepaid insurance		fill in the blank 56
   Total current assets			$fill in the blank 57
   Property, plant, and equipment:
   Accounts receivableCashOffice equipmentOffice supplies expenseOffice supplies	$fill in the blank 59
   Less accounts payableLess accumulated depreciation-Office equipmentLess: CashLess depreciation expenseLess rent expense	fill in the blank 61	$fill in the blank 62
   CashCost of merchandise soldPrepaid insuranceSalaries payableStore equipment	$fill in the blank 64
   Less accumulated depreciation-Store equipmentLess depreciation expenseLess merchandise inventoryLess sales discountsLess store equipment	fill in the blank 66	fill in the blank 67
   Total property, plant, and equipment			fill in the blank 68
   Total assets			$fill in the blank 69
   Liabilities
   Current liabilities:
   Accounts payableAccounts receivableCashPrepaid insuranceSales		$fill in the blank 71
   Accounts receivableCashCustomer refunds payablePrepaid insuranceSales		fill in the blank 73
   Accumulated depreciationOffice salaries expenseOffice suppliesSalaries payableSales salaries expense		fill in the blank 75
   CashCost of merchandise soldMerchandise inventoryNote payable (current portion)Office equipment		fill in the blank 77
   Total current liabilities			$fill in the blank 78
   Long-term liabilities:
   CashNote payable (final payment due in eight years)Office equipmentPrepaid insuranceSales			fill in the blank 80
   Total liabilities			$fill in the blank 81
   Owner's equity
   Accounts receivableGerri Faber, capitalCashPrepaid insuranceCost of merchandise sold			fill in the blank 83
   Total liabilities and owner's equity			$fill in the blank 84

   4. Which type of income statement shows intermediate balances?

   Multiple-stepSingle-stepMultiple-step