Please find the

Net sales

Gross Profit

Operating income

Net income after taxes

Adjusted Trial Balance As of 12/31/20xx Accounts Normal Account Balance Cash $25,240 Accounts Receivable 24,500 3,000 Allowance for Uncollectible Accounts 35,000 Inventory Deferred Revenue 10,000 Common Stock 50,000 (10,000 Retained Earnings Service Revenue Sales Discounts 75,000 (1,175 50,137 Cost of Goods Sold 5,166 Rent Expense Interest Expense Income Tax Expense 4,000 3,000