B. Cost of Sales Part 2: (5 x 2 points = 10 points) Write your answer before each no. Administrative Selling Net Cost of CASES Income Sales 48,000.0 1 0 Expenses 15% of Sales Expenses 13% of Sales OR 25% of 2 74,000.0 0 3 10,000.0 0 4 90,000.0 0 5 45,000.0 0 Cost of Sales 10% of Sales 13% of Sales OR 25 % of Cost of Sales 7/100 of Sales 33% of Sales OR 20% of Cost of Sales 7% of Sales 33% of Sales OR 20% of Cost of Sales 0.07 of Sales and 1/5 of Cost of Sales B. INCOME STATEMENT ITEMS (10 X 2 = 20 POINTS) 33% of Sales Gross Cost of Operating Net Profit or CASE Profit A 25,300.00 Sales 76,500.00 Sales expenses (Net Loss) 10,000.00