WOULD LOVE IT IF SOMEONE CAN ANSWER THIS..THANK YOUU

Below is the trial balance of Coastal Star Company on December 31, 2018. The accounts are listed in alphabetical order and all accounts have normal balances Account Title: Accounts Pavable Accounts Receivable Accum. Depr. - Bldngs Accum. Depr. Equijp Administrative Expenses Buildings Cash Common Stock Cost of Goods Sold Dividends Declared Equipment Interest Expense Interest Pavable Balance.: 3,210 4,450 6,000 1,400 3,310 24,000 5,880 15,000 14,388 2,000 8,600 240 83 Account Title: Land Long-Term Notes Payable Merchandise Inventory Miscellaneous Revenues Prepaid Insurance Retained Earnings Salaries Pavable Sales Sales Discounts Sales Returns & Allowances Selling Expenses Supplies Balance.: 2,500 12,000 1,650 960 2,200 11,380 610 26,800 1,470 1,350 4,250 1,155 REQUIRED: Prepare the financial statements for the year for Coastal Star Company--a multi-step income statement, a statement of retained earnings and a classified balance sheet What is different for this project compared to Project #2? 1. New Accounts: Sales Revenue Sales Returns and Allowances and Sales Discounts--these are contra account TO the Sales Revenue account Cost of Goods Sold Expense Note that all of our operating expense accounts like depreciation, utilities, salaries, rent insurance, supplies, etc. have been summarized into just two account-Selling and Administrative Merchandise Inventory 2. Multi-Step Income Statement The multi-step income statement distinguishes between the income from the primary business purposes (we assume that the only primary business purpose is merchandising) and the net income from secondary business purposes. The mult-step income statement shows the computation of the gross profit. The multi-step income statement segregates all of the operating expense accounts into two categories: selling and administrative (note, as mentioned above, all of the operating expenses have been consolidated into two accounts)