Click to watch the Tell Me More Learning Objective 3 video and then answer the questions below 1. The following items are considered "other revenue" on the multiple-step income statement EXCEPT a. interest income. b. rent revenue. c. gains resulting from the sale of fixed assets. d. None of these choices are correct. 2. Which of the following is reported on both a mul tiple-step income statement and a single-step income statement? a. Gross profit b. Net Income C. Cost of goods sold d. All of these choices are correct. 3. Land used in the operations of the business is classified under a. current assets b. current liabilities c. property, plant, and equipment d. long-term liabilities on the balance sheet