Pharoah Corporation reports the following information: sales $2,240,000; cost of goods sold $448,000; administrative expenses $134,400; selling expenses $89,600; dividend income $13,440; other expenses $11.200; and income tax expense $16,800. Assuming Penny uses a multiple-step statement of income, calculate the following: $ Gross Profit Income from Operations $ Income before Income Tax $ Net Income $ On May 22, Flint Ltd. sold an excavator and an extra grapple bucket for $237.900. Flint normally sells the excavator for $227,900 and the grapple bucket for $37,100. Flint tracks excavator and accessory sales separately. Determine how the revenue would be allocated between excavator and accessory sales. Allocated Selling price Excavator sale $ Accessory sale Total $