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Question 14 (3 points) Various items from the Perril Company's Income statement for the year ending December 31, 2005 are listed below: Interest expense =

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Question 14 (3 points) Various items from the Perril Company's Income statement for the year ending December 31, 2005 are listed below: Interest expense = 34 Depreciation - 58 Taxes 35 Dividends paid - 15 Beginning inventory = 105 Gross sales = 935 Materials purchases = 533 Operating expenses (excluding depreciation) = 208 Returns and allowances = 41 Ending inventory - 94 Compute Net Income (Record your answer without a dollar sign, without commas, without spaces and if your answer is negative, put a minus sign (.e...) before your answer with no spaces between the minus sign and the number). Your Answer: O & 6. 7 8 9

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