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Chapter 12 Homework Problem Questions 13-14 fof 6) The following information applies to the questions aisplayed belowJ Income stutement and balance sheet data for The

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Chapter 12 Homework Problem Questions 13-14 fof 6) The following information applies to the questions aisplayed belowJ Income stutement and balance sheet data for The Athletic Attic are provided below THE ATHLETIC ATTIC hcome Statements For the years ended December 31 Net sales Cost of goods soid 11 520.000 $10,000.000 7520,000 6,200.000 Gross profe 4000,000 3,800,000 Operating expenses 1680,000 1,630,000 200000 48,000 ,000200000 48.000 430000 Income tax expense 4960 Total expenses .424,000 2.308,000 1576,000 $1492000 THE ATHLETIC ATTIC Current assets esc

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