*38. From the following below data in the books of Delilah Hair Products, compiles the gross profit(loss) from trading, using the multi-step layout: This is a merchandising business. 8 points Transportation in $145 Purchases returns/allowances $182 Sales delivery expenses 585 Sales 38,185 Sales commission 4,126 Purchases 13,634 Sales returns/allowances 3,222 Closing inventory 9,276 Purchase discount 991 Beginning inventory 10,165 Warehouse rent 9,600 Sales discount 1,944 **Goods in transit 964 Administrative salaries/wages 2,640 Dividends received 850 Cleaning expenses 4.800 **These goods are still in the warehouse of Delilah's shippers, FOB shipping point. The cost has not yet been recorded in Delilah's books. Working Area