Caitlyn Communications reported the following figures from its adjusted trial balance for its first year of business, which ended on July 31, 2024: (Click the icon to view the accounts and balances.) Prepare Caitlyn Communications' multi-step income statement for the year ended July 31, 2024. (Use a minus sign or parentheses to show other expenses.) Revenues Cost of Goods Sold Gross Profit Operating Expenses: Selling Expenses Administrative Expenses Total Operating Expenses Operating Income Other Income and (Expenses): Interest Expense Total Other Income and (Expenses) Net Income (Loss) Data table Cash Selling Expenses Accounts Payable Common Stock Notes Payable, long-term Merchandise Inventory Administrative Expenses Estimated Returns Inventory 3,100 Cost of Goods Sold 1,000 Equipment, net 4,700 Salaries Payable 2,415 Net Sales Revenue 1,400 Accounts Receivable 1,300 Interest Expense 3,400 Refunds Payable 1,000 Sales Discounts Forfeited $ 18,400 8,500 1,100 29,000 3,500 15 1,100 500 X