Business Markdown Systems uses a perpetual inventory system. The adjusted trial balance of Business Markdown Systerns at March 31, 2024, foiews (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 O Points: 0 of 1 Save 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) a Net Income (Loss) Business Markdown Systems Adjusted Trial Balance March 31, 2024 Balance Account Title Credit Debit 2,500 Cash $ Accounts Receivable 13,900 30,800 1,100 Merchandise Inventory Estimated Returns Inventory Office Supplies Equipment 6,200 42.800 This 42,800 $ 14.000 6,700 Equipment Accumulated Depreciation Equipment Accounts Payable Refunds Payable Salaries Payable Notes Payable, long-term 2,400 900 8,100 Common Stock Retained Earnings Dividends 12,000 7,550 39,000 Sales Revenue 233,000 1.200 This Sales Discounts Forfeited Data Table Common Stock Retained Earnings 12,000 7,550 Dividends 39,000 Sales Revenue 233,000 1,200 Sales Discounts Forfeited Cost of Goods Sold 104,850 Selling Expense Administrative Expense Interest Expense 27,700 14,900 2,100 $ 285,850 $ 285,850 Total This