Hi,

Could someone help me with these two questions please?

Thank you guys

Cartier Custom Homes Inc. manufactures and sells pre-fab homes. These homes are manufactured in a controlled environment to ensure a consistent and higher quality, which results in greater customer satisfaction. The company sells its homes online and through a network of independent sales agents. On-site installation of the homes is done by independent contractors hired directly by Cartier's customers. The following information was taken from Cartier's financial records for the year ended March 31, 2020: (in thousands of dollars) Administrative expenses $ 10,645 Cost of goods sold 1,650,159 Other expenses 1,761 Financing expenses 65,125 Dividend revenue 2,730 Income tax expense 167,753 Sales revenue 2,671,928 O O 1,118 Wages Rental of Equipment Advertising Depreciation Architectural activities $107,000 $1,765 $ $7,252 Research and development activities 5,764 6,300 Sales and marketing activities 2,596 3,678 500 Required a. Prepare a multi-step statement of income for the year ended March 31, 2020, that reports expenses by nature. b. Prepare a multi-step statement of income for the year ended March 31, 2020, that reports expenses by function. 0