Selected accounts from the adjusted trial balance of Big Paws Puppy Apparel Company for the year ending 12/31/2020 are listed below in alphabetical order. Big Paws sells dog harnesses and jackets. All accounts have a normal balance. Accounts Payable Accounts Receivable Accumulated Depreciation- Buildings Accumulated Depreciation-Equipment Advertising Expense Buildings Cash Common Stock Cost of Goods Sold Depreciation Expense Dividends Equipment Gain on Sale of Building Income Tax Expense Inventory Land Notes Payable Retained Earnings Salaries and Wages Expense Sales Discounts Sales Returns and Allowances Sales Revenue Shipping Expense Utilities Expense E 17,500 14,000 105,000 40,500 15,000 200,000 35,200 160,000 396,000 23,000 15,000 83,500 12,500 19,000 70,000 92,000 54,700 66,500 84,000 9,500 50,000 645,000 2,000 6,000 Using the information above, calculate the following and indicate your answers in your paper-based work to be submitted: 1) Net Sales 2) Gross Profit 3) Total Operating Expense 4) Income before Income Taxes 5) Net Income