WALSH. : Q A Luena Qepa Points out of Sales $475,000 Time left CC 503 FA2021 VS1 3.00 Cost of goods sold 280,000 P Flag question articipants Gross profit 195,000 Grades Operating expenses 89,000 106,000 tudy Aids Income before income taxes Income taxes 42.000 7th Edition Chapter olutions Net Income $64,000 Week 0 In addition, the following information related to net changes in working capital accounts is Week 1 presented: Week 2 Increase Decrease Week 3 Cash $15,000 Week 4 Trade accounts receivable (net) 8,400 Week 5 Inventories $16,200 Week 6 Salaries payable (operating) 6,000 Week 7 Trade accounts payable 11,000