Brief Exercise 5-12 Chocolate Treats has the following account balances Cost of goods sold Depreciation expense Insurance expense Interest expense $43,000 55,000 555,000 5,000 15,500 $400,000 Rent expense 13,500 ies expense 3,500 Sales 11,500 Sales discounts Sales returns and allowances Interest revenue 8,200 Assuming Chocolate Treats uses a multiple-step income statement, calculate the following: (a) net sales, (b) gross profit, (c) operating expenses, (d) profit from operations, and (e) profit (a) Net sales (b) Gross profit (c) Operating expenses (d) Profit from operations S (e) Profit