Chocolate Treats has the following account balances:

Cost of goods sold		$400,000		Rent expense		$45,000
Depreciation expense		12,500		Salaries expense		55,000
Insurance expense		3,300		Sales		555,000
Interest expense		10,500		Sales discounts		5,800
Interest revenue		9,400		Sales returns and allowances		15,500

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		$
(e) Profit		$