The following adjusted account information, in alphabetical order, was taken from the worksheet of Johns Electronics for the month ended April 30, 2023. A physical count on April 30, 2023, revealed a merchandise inventory balance actually on hand of $2,550.

Johns Electronics

Unadjusted Trial Balance

For Month Ended April 30, 2023

No. Account Debit Credit

201 Accounts payable $ 2,208

154 Accumulated depreciation, trucks 16,500

101 Cash $ 2,050

611 Depreciation expense, delivery trucks 730

633 Interest expense 130

301 John Yu, capital 27,225

302 John Yu, withdrawals 9,650

119 Merchandise inventory 6,600

507 Purchase discounts 37

506 Purchase returns and allowances 110

505 Purchases 17,040

413 Sales 38,200

414 Sales returns and allowances 1,830

688 Telephone expense, office 150

689 Telephone expense, store 430

508 Transportation-in 470

153 Trucks 30,500

623 Wages expense, office 5,800

624 Wages expense, selling 8,900

Totals $ 84,280 $ 84,280

Required:

a. Calculate net sales.

b. Calculate cost of goods sold.

c. Prepare a classified multiple-step income statement for the month ended April 30, 2023. (Input all amounts as positive values.)

tht: 6+8 binet tint Required a. Cakuithe net sales