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please list the formula for the answers. begin{tabular}{|l|l|l|} hline 33 & multicolumn{3}{|c|}{ NOODLES UNLIMITED } hline 34 & multicolumn{2}{|c|}{ Income Statement } hline
please list the formula for the answers.
\begin{tabular}{|l|l|l|} \hline 33 & \multicolumn{3}{|c|}{ NOODLES UNLIMITED } \\ \hline 34 & \multicolumn{2}{|c|}{ Income Statement } \\ \hline 35 & \multicolumn{2}{|c|}{ For the Year Ended December 31, 20X1 } \\ \hline 36 & Sales Revenue & \\ 37 & Less: & \\ \hline 39 & \multicolumn{1}{|c|}{$175,500} \\ \hline 40 & & \\ \hline 41 & Net Sales & \\ 42 & & \\ 43 & Gross Profit & \\ 44 & Expenses: & \\ 45 & & \\ 46 & & \\ 47 & & \\ \hline \end{tabular} \begin{tabular}{|l|l|r|r|} \hline Cash & $37,500 & \\ \cline { 2 - 3 } & Accounts Receivable & 28,600 & \\ \cline { 2 - 3 } & Inventory & 43,300 & \\ \hline 8 & Prepaid Rent & 2,000 & \\ \hline 9 & Equipment & 69,000 & \\ \hline 10 & Accumulated Depreciation & & $20,700 \\ \hline 11 & Accounts Payable & & 8,800 \\ \hline 12 & Unearned Fees & & 20,000 \\ \hline 13 & Long-term Notes Payable & & 75,000 \\ 14 & J. Noodle, Capital & & 31,800 \\ \hline 15 & Sales Revenue & & 175,500 \\ \hline 16 & Sales Returns and Allowances & & \\ \hline 17 & Sales Discounts & & \\ 18 & Cost of Goods Sold & 6,700 & \\ \hline 19 & Salaries and Wages Expense & 25,900 & \\ 20 & Depreciation Expense & 13,800 & \\ \hline 21 & Rent Expense & 24,000 & \\ \hline 22 & Interest Expense & 1,600 & \\ \hline 23 & Loss on Sale of Equipment & 7,700 & \\ \hline 24 & Totals & $331,800 & $331,800 \\ \hline \end{tabular} Step by Step Solution
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