Quiz 2 Activity Prepare income statement from the following information. Sales OMR 10,000 Sales return OMR 1,000 Sales allowance OMR 500 Cost of goods sold OMR 5,000 Profit on sale of asset OMR 300 Rent paid OMR 800 Interest paid OMR 100 Commission received OMR 200 Required: A. Find Gross profit B. Find Net profit C. Calculate the non-operating expenses (2 Marks) (2 Marks) (1 Mark)