accounting

The following information was drawn from the Year 1 accounting records of Ozark Merchandisers: 1. Inventory that had cost $21,200 was sold for $39,900 under terms 2/20, net /30. 2 Customers returned merchandise to Ozark five days after the purchase. The merchandise had been sold for a price of $1,520. The merchandise had cost Ozark $920. 3. All customers paid their accounts within the discount period. 4. Selling and administrative expenses amounted to $4,200 5. Interest expense pald amounted to $360. 6 . Land that had cost $8,000 was sold for $9,250 cash. Required o. Determine the amount of net sales. b. Prepare a multistep income statement c. Where would the interest expense be shown on the statement of cash flows? d. How would the sale of the land be shown on the statement of cash flows? Determine the amount of net sales. (Round your intermediate calculations and final answer to the nearest whole dollar omount.) Prepare a multistep income statement. (Round your intermediate calculations and final answer to the nearest whole dollar amount. Amounts to be deducted and losses should be indicated with a minus sign.) C. Where would the interest expense be shown on the statement of cosh flows? D. How would the sale of the land be shown on the statement of cash flows