Need help solving 1,2,3 and 4.

Valley Companys adjusted trial balance on August 31, 2017, its fiscal year-end, follows.

		Debit			Credit
Merchandise inventory		$	35,000
Other (noninventory) assets			140,000
Total liabilities					$	40,425
K. Valley, Capital						116,611
K. Valley, Withdrawals			8,000
Sales						239,400
Sales discounts			3,663
Sales returns and allowances			15,800
Cost of goods sold			92,945
Sales salaries expense			32,798
Rent expenseSelling space			11,252
Store supplies expense			2,873
Advertising expense			20,349
Office salaries expense			29,925
Rent expenseOffice space			2,873
Office supplies expense			958
Totals		$	396,436		$	396,436

On August 31, 2016, merchandise inventory was $28,245. Supplementary records of merchandising activities for the year ended August 31, 2017, reveal the following itemized costs.

Invoice cost of merchandise purchases	$	102,900
Purchases discounts received		2,161
Purchases returns and allowances		4,939
Costs of transportation-in		3,900

Required:

1. Compute the companys net sales for the year. 2. Compute the companys total cost of merchandise purchased for the year. 3. Prepare a multiple-step income statement that includes separate categories for net sales, cost of goods sold, selling expenses, and general and administrative expenses. 4. Prepare a single-step income statement that includes these expense categories: cost of goods sold, selling expenses, and general and administrative expenses.