QUESTION 1 During the year. Hansoku Company reported the following information: Administrative Expenses Cost of Goods Sold Other Income-Rental Revenue Sales Selling Expenses $21,0001 $130,000 32,5301 $139,990 $32,400 What amount of income or loss from operations will Hansoku Company show on its multiple-step income statement? a Income from Operations S1,500 b.Loss from Operations $4,030 c. Income from Operations $4,030 d. Loss from Operations $1,500 QUESTION 2 Credit Terms - A wholesaler sells Inventory to a retailer under the terms 1/10, n/30, FOB Shipping Point Credit Terms - If the buyer elects not to take advantage of the cash discount, how many days from the date of sale indicated on the seller's involce does the retailer have to pay for the inventory? a. 10 b.30 01 d.By the end of the month. CTION