On March 31, 20Y9, the balances of the accounts appearing in the ledger of Royal Furnishings Company, a furniture store, are as follows:Accounts Receivable $160,300Accumulated Depreciation-Building 752,300Administrative Expenses 540,650Building 2,553,550 Cash 184,650Common Stock 288,000Cost of Goods Sold 3,899,650Dividends 185,800 Interest Expense 10,150 Inventory 1,006,950 Notes Payable 255,800 Office Supplies 20,400 Retained Earnings 1,304,450 Salaries Payable 7,600 Sales 6,477,150 Selling Expenses 684,100 Store Supplies 92,400 A. Prepare a multiple-step income statement for the fiscal year ended March 31, 20Y9. 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 text entries. A colon (:) will automatically appear if it is required. For those boxes in which you must enter subtracted or negative numbers use a minus sign.