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Use th e following information for Short Exercises S17-6 through S17-10. Companies, a home improvement store chain, reported the following summarized figures: ACCEL'S COMPANIES Income

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Use th e following information for Short Exercises S17-6 through S17-10. Companies, a home improvement store chain, reported the following summarized figures: ACCEL'S COMPANIES Income Statement Years Ended May 31, 2018 and 2017 2018 $40,600 28,400 2017 Net Sales Revenue Cost of Goods Sold Interest Expense All Other Expenses Net Income $ 40,500 30,600 570 8,200 1,130 600 4,300 $ 7,300

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