Cost of goods sold Depreciation expense $400,000 Rent expense $45,000 12.500 Salaries expense 56,000 Insurance expense 3,200 Sales 555,000 Interest expense 10,500 Sales discounts 5,600 Interest revenue 8,600 Sales returns and allowances 16,500 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 $