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Determine the missing amounts on the following multi-step Income Statement. Be sure such amounts are in proper form Enter numbers without dollar signs, and provide

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Determine the missing amounts on the following multi-step Income Statement. Be sure such amounts are in proper form Enter numbers without dollar signs, and provide commas. For example, five million dollars would be entered: 5,000,000 Enter negative numbers with parentheses. For example, a negative balance of one thousand dollars would be entered (1.000). Revenue from Sales: Sales Revenue... $610,000 Sales Discounts... 10,000 A Sales Returns and Allowances B Net Sales Revenue Cost of Goods Sold 350.000 Gross Pront $ 227.000 Operating Expenses VO CD % 3 5 7 Q W E R T Canvas XC Cost of Goods Sold 350,000 Gross Profit.... $ 227,000 Operating Expenses Selling Expenses........ Administrative Expenses............... 32,000 D Total Operating Expenses... Income from Operations... $ 158,000 Other Revenues and Expenses: Rent Revenue $1,000 E Interest Expense (1.200) E Interest Expense... (1,200) F Net Income...... Question 4 Use the following end-of-year account balances and other information to calculate the amounts on th Statement of Retained Earnings, and Balance Sheet for the year ended December 31, 2050. Enter nu signs, and provide commas. For example, five million dollars would be entered: 5,000,000. Provide ra 99.9 Gross Profit is: $ Operating Income/ Income from Operations is: $ Net Income is: 5 Ending Balance in Retained Earnings is: $

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