. View Policies Current Attempt in Progress Chocolate Treats has the following account balances: Cost of goods sold Depreciation expense Insurance expense Interest expense Interest revenue $390,000 12,500 3,400 10,500 9.500 Rent expense Salaries expense Sales Sales discounts Sales returns and allowances $43.000 55,000 555,000 5.800 17,500 Assuming Chocolate Treats uses a multiple-step income statement, calculate the following: (a) net sales, (b) gross profit. (C) operating expenses, (d) profit from operations, and (e) profit. (a) Net sales $ (b) Gross profit $ (c) Operating expenses $ (d) Profit from operations $ I (e) Profit $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit