Select the appropriate elements of the SFP from the given accounts.

SINGLE-STEP APPROACH OR MULTI-STEP APPROACH

1. Net Sales

2. Net Purchases

3. Depreciation and Amortization

4. General and Administrative Expense

5. Rent Expense

6. Cost of Sales

7. Bad Debts Expense

8. Selling Expense

9. Advertising Expense

10. Utilities Expense

11. Salaries Expense

12. Interest Income

13. Merchandise Inventory

14. Gain from the Sale of PPE

15. Service Revenue