the following information that needs to be prepared for the multiple step income statement of Bens' Company is cost of goods sold 45800 freight expense 1000 insurance expense 720 rent expense 4800 salaries expense 12620 sales revenue 68500 sales returns and allowances 250

calculate the gross profit for Ben's company,, and multiple step income statement.

remember that the adjusted inventory that cost of goods sold is 5450 this means when cost of goods is calculated it is 40350

there was an error in the answer when l calculated it .