ment/takeAssignmentMain.do?invokere&takeAssignmentSessionLocator=&inprogress=false WebExpress T Troy Catalogs Academic Evaluati. The Knot Pottery Barn B Bed Bath and Bey. Target Calculator ncome Statement for Merchandiser The following expenses were incurred by a merchandising business during the year. In which expense section of the income statement should each be reported: (a) selling expenses, (b) administrative expenses, or (c) other expense? 1. Advertising expense 2. Depreciation expense on store equipment 3. Insurance expense on office equipment 4. Interest expense on notes payable 5. Rent expense on office building 6. Salaries of office personnel 7. Salary of sales manager 8. Sales supplies used