Please Help! Having some issues with this problem. I really need to see how to do this :/ Any help would be very much appreciated.

Valley Companys adjusted trial balance on August 31, 2013, its fiscal year-end, follows.

Merchandise inventory		$	36,000
Other (noninventory) assets			144,000
Total liabilities					$	41,580
K. Valley, Capital						119,601
K. Valley, Withdrawals			8,000
Sales						246,240
Sales discounts			3,767
Sales returns and allowances			16,252
Cost of goods sold			95,489
Sales salaries expense			33,735
Rent expenseSelling space			11,573
Store supplies expense			2,955
Advertising expense			20,930
Office salaries expense			30,780
Rent expenseOffice space			2,955
Office supplies expense			985
Totals		$	407,421		$	407,421

On August 31, 2012, merchandise inventory was $29,052. Supplementary records of merchandising activities for the year ended August 31, 2013, reveal the following itemized costs.

Invoice cost of merchandise purchases$105,840

Purchase discounts received 2,223

Purchase returns and allowances 5,080

Costs of transportation-in 3,900

A) Compute the companys net sales for the year.

B) Prepare a multiple-step income statement that includes separate categories for selling expenses and for general and administrative expenses.

C) Prepare a single-step income statement that includes these expense categories: cost of goods sold, selling expenses, and general and administrative expenses.

Thank you!