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The following is a listing of some of the balance sheet accounts and all of the income statement accounts for Alissa Inc. as they appear

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The following is a listing of some of the balance sheet accounts and all of the income statement accounts for Alissa Inc. as they appear on the Alissa Inc.'s adjusted trial balance. Accounts Payable Accounts Receivable Inventory Advertising Expense Cost of Goods Sold Delivery Expense Income Tax Expense Insurance Expense Rent Expense Sales Revenue Sales Discounts Sales Returns & Allowances $ 8,000 27,000 23, 200 20,000 153,000 7,600 4,000 1,000 18,400 320,000 9,400 43,000 Gross profit would be: Multiple Choice $145,800 $111.000. $114,600. O $107.000

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