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Question 2 1 pts The following information regarding the Motown Corporation should be used to answer question the first TWO questions: FACTS: Cost of
Question 2 1 pts The following information regarding the Motown Corporation should be used to answer question the first TWO questions: FACTS: Cost of Goods Sold $1,875,000 Interest Income $ 500 Dividend Income $200 Income tax expense $ 182,140 Salaries and wages expense $385,000 General and Administrative $330,000 Sales Revenue $3,500,000 Weighted average # common shares outstanding 88,500 1.) In a single step income statement total revenue/income is: 1. Input an amount. 2. Do not use commas, decimals or dollar signs. 3. Do NOT use negative amounts. 4. Round to the nearest whole dollar. Rounding has been taken into consideration.
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