17 & 18

3 pts Question 17 Which term below describes the type of income statement that reports a series of subtotals such as gross proft, operating income, and income before taxes? Subtotaled O Classified Multiple-Step O Single Step 3 pts Question 18 On September 1, Mace purchased inventory costing $2,000 on account with terms 2/10,n/30. Mace paid this invoice on September 5. What is the amount that Mace will include in its Inventory account for these units of inventory