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please answer 32-33 lthe Balance sheet. d. derprciation expense of S1.250 on the income statement, and accumulated $1,250 on the balance sheet. ation of 32.

please answer 32-33 image text in transcribed
lthe Balance sheet. d. derprciation expense of S1.250 on the income statement, and accumulated $1,250 on the balance sheet. ation of 32. Selected accounts are listed below. How much is the firm's operating income? Accrued payroll s 2,000 45,000 26,000 1,000 8,000 Sales Cost of goods sold Interest expense Expenses (other than interest) a. $8,000 b. $10,000 c. $9,000 d. $11,000 Wessel Corp. plans to sell 1,000 units in 2005 at an average sale price of $45 cach. Cost of goods sold will be 40% of the sale price Depreciation expense will be $3,000, interest expense S2.500, and other expenses will be $4,000. Wessel's tax rate is 20%, What will Wessel Corp's net income be for 2005? a. $ 3,500 b. $ 6,800 c. $14,000 d. $16,400 e. $28.400 33

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