Question Completa QUESTIONS XYZ company provided the following information Sales $134,500 Accounts payablo 15,500 Selling expenses 37,000 Administrative expenses 13,000 Other revenues 27.000 Cost of goods sold 95,000 Cash 24 000 Other expenses 22.000 Required: Calculate the following (SHOW YOUR CALCULATIONS) 1. Gross profit 2. Net income/loss (note: specify whether the company had net income of nello) For the toolbar, press ALT+F10 (PC) or ALT FN+F10 (Mac). B 1 US Paragraph Arial 10pt V v iii Q5 IP 2 TX D B. +]