The adjusted trial balance of Sturdy Office Systems at March 31, 2025, follows: 

Prepare Sturdy Office Systems’ multi-step income statement for the year ended March 31, 2025.

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STURDY OFFICE SYSTEMS Adjusted Trial Balance March 31, 2025 Account Title Cash Accounts Receivable Merchandise Inventory Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Notes Payable, long-term Common Stock Retained Earnings Dividends Sales Revenue Sales Returns and Allowances Sales Discounts Cost of Goods Sold Selling Expense Administrative Expense Interest Expense Total Balance Debit $ 4,100 13,800 31,300 6,100 42,200 40,000 1,500 1,900 93,600 27,600 14,600 2,000 $ 278,700 Credit $ 13,100 9,000 500 8,000 14,000 100 234,000 $ 278,700