Below is information on XYZ Company for December 31, 2018. Prepare a multi-step income statement for the period. .382,000 .207,000 .54,600 Cash.... Accounts Receivable.... Marketable Securities. Prepaid rent. Office supplies. 16,000 .11,000 Equipment. .200,000 Accumulated depreciation: equipment.. .155,000 Land... 190,000 Accounts payable. .34,000 Dividends payable. 30,000 Interest payable. .8,000 Income tax payable. .15,000 Unearned client service revenue.. .51,000 Notes payable. .227,000 Common stock.. .250,000 Retained earnings (beginning Balance 1/1/2018)...224,000 Dividends Declared.... 45,000 Sales.... $220,000 Cost of goods sold. .$52,800 Interest revenue. .$1,500 Interest expense... ..$5,200 Income tax expense. .S 300 Selling expenses: Sales salaries and commissions. .$18,000 Insurance expense. ..$5,600 Advertising expense... .$8,500 Depreciation expense: equipment. .$600 Delivery expense.... .$700 General and administrative expenses: Executive and administrative salaries. .$12,700 Utilities expense.... ...$4,200 Rental expense. $800 Maintenance expense... .$500 QUESTION 1 2 points Save Answer Based on the information of XYC Company for the period ending December 31, 2018. Calculate the total Net Profit for the year. QUESTION 2 2 points Save Answer Based on the information of XYC Company at December 31, 2018. Calculate the ending Retained Earnings balance at year-end. QUESTION 3 2 points Save Answer Based on the information of XYC Company at December 31, 2018. Calculate the Company's Quick Ratio at year-end (round to the nearest hundredth). QUESTION 4 2 points Save Answer Based on the information of XYC Company for the period ending December 31, 2018. Calculate the total Gross Profit for the year. QUESTION 5 2 points Save Answer Based on the information of XYC Company at December 31, 2018. Calculate the Company's Working Capital amount at year-end. QUESTION 6 2 points Save Answer Based on the information of XYC Company for the period ending December 31, 2018. Calculate the total Net Non-Operating amount for the year. QUESTION 7 2 points Save Answer Based on the information of XYC Company for the period ending December 31, 2018. Calculate the total Operating Income for the year. QUESTION 8 2 points Save Answer Based on the information of XYC Company at December 31, 2018. Calculate Total Assets at year- end