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Q3: (6 points) Financial information is presented below for company 31122019. Natural Mattar Sales $200.000 Sales returns and allowances (a) Net sales 197.000 Cost of

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Q3: (6 points) Financial information is presented below for company 31\12\2019. Natural Mattar Sales $200.000 Sales returns and allowances (a) Net sales 197.000 Cost of goods sold 156,000 Gross profit (b) Operating expenses 22.000 Prepaid insurance 12.000 Income from operations (c) Other expenses and losses 4,000 Accumulated depreciation - equipment 28,000 Drawing 14,000 Service revenue 133,000 Net income (d) A) Determine the missing amounts and prepare multiple step income statement

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