Business Markdown Systems uses a perpetual inventory system. The adjusted trial balance of Business Markdown Systems at March 31, 2024, follows: (Click the icon to view the adjusted trial balance.) Prepare Business's multi-step income statement for the year ended March 31, 2024. (Use a minus sign or parentheses to show other expenses.) Business Markdown Systems Income Statement Year Ended March 31, 2024 Net Sales Revenue Cost of Goods Sold Gross Profit 106,650 Operating Expenses: Selling Expense $ 27,400 Administrative Expense 14,900 Total Operating Expenses 42,300 Operating Income Other Income and (Expenses): Interest Expense Total Other Income and (Expenses) Net Income (Loss)