QUESTION 33 Prepare a multiple-step income statement for Amour Co. from the following data for the year ended December 31, 2014 Sales. 5870,000; cout of merchandise sold, 5540,000; administrative expenses, $10,000 interest expens, 320.000 rent revenue, $25,000, selling expenses. 590,000. E. ET TT TT Paragraph Arial * BOQ EESE 3 [12pti TT. I I Beginning inventory, purchases, and sales data for hammers are as follows: Mar 3 Beginning Inventory 12 units @ $25/u Mar 11 Purchase 13 units @ $27/u Mar 14 Sale 18 units Mar 21 Purchase 9 units @ $30/ Mar 25 Sale 10 units Assuming the business maintains the perpetual inventory system, calculate the cost of merchandise sold and ending invent First In, First Out Ending Inventory Cost of Merchandise Sold Last In Firs: Out Ending inventory ( 150 Cost of Merchandise Sold 771