Time Previous Page Next Page Question 4 On December 314.2020 Eagle Inc had the following balances Sales $600,000 Sales returns and allowances $30,000 Sales discounts: $5,000 Cost of goods sold $150.000 Selling expenses $20.000 Other revenues: $30,000 Income tax expense: 522,000 Assuming Eagle Inc prepares a multi-step income statement, calculate the following amounts Note: provide all answers with no dollar signs, commas, periods or spaces Question 27 (1 point) Blank. Net Sales Question 28 (1 point) Blank 2: Gross Profit Question 29 (1 point) Blank 3: Income from operations LG 1: Blank #1: Net Sales 2 3 Question 28 (1 point) 5 6 Blank #2: Gross Profit 8 9 Question 29 (1 point) 11 Blank #3: Income from operations age 2: 12 13 14 Question 30 (1 point) Blank 4: Income before income tax 15 16 17 Question 31 (1 point) 18 19 20 Blank 5. Net income Previous Page Next Page