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Hi, I have a question about intermediate accounting, thank you! 2.) In a single step income statement Net income is: For numerical questions input your

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Hi, I have a question about intermediate accounting, thank you!

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2.) In a single step income statement Net income is: For numerical questions input your answer. Do not use dollar signs or decimals. Round your answers.The following information regarding the Motown Corporation should be used to answer question #1 - 2: FACTS: Cost of Goods Sold $ 550,000 Interest Income $ 500 Dividend Income $ 1,200 Income tax expense $ 219.440 Salaries and wages expense $ 224,500 General and Administrative $130,000 Sales Revenue $ 2,000,000 Weighted average # common shares outstanding 200,000 1.] In a single step income statement total revenue} income is: _________ For numerical questions input 1vour answer. Do not use dollar signs or decimals. Round your answers

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