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The adjusted trial balance of Scribner Corp included the following selected accounts: Debit Credit $8,700 Sales Sales Discounts Sales Returns & Allowances Cost of Goods

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The adjusted trial balance of Scribner Corp included the following selected accounts: Debit Credit $8,700 Sales Sales Discounts Sales Returns & Allowances Cost of Goods Sold Salaries and Wages Expense Rent Expense Interest Expense Income Tax Expense Gain on Disposal of Equipment $2,000 1,000 2,500 1,200 900 100 500 400 Instructions: Use the above information to provide answers to the following questions related to the Multiple Step Income Statement for the year ended December 31, 2019. All answers should be whole numbers, no commas, dollar signs or parentheses. DO NOT ENTER WORDS. 1. What is the amount of Net Sales? 2. What is the amount of Gross Profit? 3. What is the amount of Total Operating Expenses? 4. What is the amount of Income From Operations? 5. What is the amount of Other Revenues and Gains? 6. What amount would be in Other Expenses and Losses? UP ULU. UUTUU LIILIV 1. What is the amount of Net Sales? 2. What is the amount of Gross Profit? 3. What is the amount of Total Operating Expenses? 4. What is the amount of Income From Operations? 5. What is the amount of Other Revenues and Gains? 6. What amount would be in Other Expenses and Losses? 7. What is the amount of Income Before Taxes? 8. What is Net Income for the company

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