Question: Based on the Multi-step Income Statement you prepared on your scratch paper what is the amount of Gross Profit on the Multi-step income Statement for the period ending 12/31/xx? Credit Adjusted Trial Balance December 31, 20xx Accounts Debit Cash $25.510 Accounts Receivable 50.000 Inventory 100.000 Prepaid Rent 4,000 Equipment 150.000 Accumulated Depreciation Accounts Payable Deferred Revenue Current Portion long-term Debt Long-term Debt Bonds Payable Common Stock Treasury Stock Retained Earnings Dividends 5,000 Revenue Cost of Goods Sold 75.000 Salaries Expense 5.000 Rent Events 25.000 Insurance Expense 5.000 Depreciation Expo 10.000 Interest Expert 2.000 Income Tax Expense 4000 $460-510 $ 50,000 25.000 25,000 10.000 50,000 75.000 25.000 O 50.000 150.510 $460.510 Fill in the bank with your calculated number. DO NOT include con period decimal points, etc. ut enter the raw number. Webcounset wild commas to your answer automatically. For example, if you calculated the answer to be $24.12. you would only input 24123 Multi-Step Income Statement Question. Based on the Multi-step Income Statement you prepared on your scratch paper what is the amount of Operating Income on the Multi-step Income Statement for the period ending 12/31/? Fill in the bank with your calculated number. DO NOT include commes. $ signs, period, decimal points etc. just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24.123, you would only input: 24123 4.75 pts Question 32 Mult-Step Income Statement Question: Based on the Multi-step Income Statement you prepared on your pet is the amount of Net Income Alter To the Multi-step Income Statement for the period ending 12/31/ Far in the bank with your calculated number. DO NOT include con Sions, period. decimal points et.just enter the raw course will add com to your answer automatically. For example, you calculated the answer to be 524, 123, you would only inaut 24123