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View Policies Current Attempt in Progress Chocolate Treats has the following account balances. $380,000 Rent expense $45,000 12.500 Salaries expense 55.000 Cost of goods sold

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View Policies Current Attempt in Progress Chocolate Treats has the following account balances. $380,000 Rent expense $45,000 12.500 Salaries expense 55.000 Cost of goods sold Depreciation expense Insurance expense Interest expense Interest revenue 3,300 Sales 555,000 10,500 Sales discounts 5,500 8,500 Sales returns and allowances 17,500 Assuming Chocolate Treats uses a multiple-stepincome statement, calculate the following: (a) net sales, (b) gross profit, (c) operating expenses (d) proht from operations, and (e) pront. (a) Net sales $ (b) Gross profit $ ta (c) Operating expenses $ (d) Profit from operations $ (e) Profit $ $

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