Instructions Labels and Amount Descriptions Income Statement Final Question Instructions On March 31, 2049, the balances of the accounts appearing in the ledger of Royal Furnishings Company, a furniture store, are as follows: $174,650 Accounts Receivable Accumulated Depreciation Building Administrative Expenses 740,950 544,400 Building 2,512,350 186,000 Cash Common Stock 308,900 Cost of Goods Sold 3,868,600 184,350 10,000 970,850 240,500 19,300 Dividends Interest Expense Inventory Notes Payable Office Supplies Retained Earnings Salaries Payable Sales Selling Expenses Store Supplies 1,252,400 8,100 6,219,100 704,600 92,100 A Prepare a multiple-step income statement for the fiscal year ended March 31, 2019. Be sure to complete the statement heading. Refer to the information given in the exercise and to the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for entries. A colon () will automatically appear if it is required. For those boxes in which you must enter subtracted or negative numbers use a