Question: Please help me fill out this multistep income statement. The account balances and single-step income statemant for Nancy Salon Products, Inc., for tha year ended

 Please help me fill out this multistep income statement. The account

Please help me fill out this multistep income statement.

The account balances and single-step income statemant for Nancy Salon Products, Inc., for tha year ended August 31, 2016, ara presentad below ck the icon to vew the account balances listing. i Click the icon to view the single stepincome statement. > Read the requirements. Requirement 1. Prepare Nancy Salon Products, Inc.'s multi-step income statement Data Table Nancy Salon Products, Inc. Income Statement For the Year Ended August 31, 2016 Reference S 6900 Cost of goods sold 6 500 Accumulated deprciation 3,200 equipment 40,000 Unearned revenues 35,000 Sales revenue 24.500 Accounts receivable $123,700 Cash Equipment Accounts payabla Common stock Long-term notes payable General expenses Salaries payable Supplics Building Sales retums and Nancy Salon Products, Inc Income Statement For the Year Ended August 31, 2016 Less: 7,600 1.100 246,000 5,100 Revenues: Net sales revenu $ 241,800 2,600 Accumulated depreciation, 3,500 building Expenses Cost of goods sold Selling expenses General expenses Interest expense 35 ,600 3 123,700 37,000 24,500 1,000 155,000 Mortgage payabla 38,000 41,000 1,500 37,000 2,300 (long-tenm) allowances Prepaid rent Interest expense Retained earnings 2.700 Divldends 2.100 Sales discounts 1000 Selling expes 186,200 Total expenses 5 55,600 Net income (loss) 43,700 Inventory Net Income (loss)

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