AB Ltd. presents the following selected accounts, all balances are after adjusting journal entries. All accounts have normal balances (accounts which are normally debits have debit balances here and visa-versa). Prepare a multi-step income statement.

Advertising Expense 1,300 CPP employee contributions 120 EI Employer Contributions 50 Income Tax Withhold 1,000 Inventory at beginning of the period 17,000 Inventory at the end of the period 20,200 Pension contribution Payable 315 Pension contributions Expense 150 Purchases 6,970 Purchases Discounts 550 Purchases Returns and Allowance 370 Salary and Wages Expense 8,500 Salary and Wages Payable 530 Sales 22,800 Sales Discounts 1,100 Sales Returns and Allowances 930 Transportation In 300 Transportation Out 400 Worker's Compensation - Premiums 6,970

Required 1: ABs Net Sales for the period must have been: $

Required 2: ABs Cost of Goods Available for Sale for the period must have been: $

Required 3: ABs Cost of Goods Sold for the period must have been: $

Required 4: ABs Gross Profit on Sales in dollars for the period must have been: $

Required 5: ABs total Operating Expenses (not including COGS) for the period must have been: $

Required 6: ABs Net Income (loss) in dollars for the period must have been: $