The following accounts are taken from the adjusted trial balance of Slemrod Company as of December 31, 2020 Salaries and Wages Expenses $118,000 Cost of Goods Sold $377,000 Sales Revenue 974,000 Gain on Sale of Land 5,600 Interest Expense 19,000 Uneared Rent Revenue 7,800 Accounts Payable 7,000 Equipment 100,000 Insurance Expense 6,500 Depreciation Expense 165,000 Sales discounts 3,000 Interest Payable 6,000 Account Receivable 130.000 Sales Returns and allowances 20.000 Instructions: Based on the information above, calculate the following metrics. Answers must include a dollar sign and applicable commas 1. Total Assets 2. Current Assets 3. Current Liabilities 4 Net Sales 5. Gross Profit 6. Gross Profit Rate (Round answer to two decimal points and include a % signie 10 47%) 7 Operating Expenses 8 Income from Operations 9 Net Income