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what is the interest revenue, interest expense and net income? Hultigis Bko inceme sutement 31,701 Wk 3-Practice- Ch 15 Homework eBook Merchandise Inventory, January 1,

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Hultigis Bko inceme sutement 31,701 Wk 3-Practice- Ch 15 Homework eBook Merchandise Inventory, January 1, 20- 28,500 Estimated Returns Imventory, January 1, 20- 500 Purchases Purchases Returns and Allowances 105,000 Purchases Discounts 4,560 frelght-th 2,660 Merchandise Inventory, December 31,20 .. 660 Estamated Returns Inventory, December 31,20 . 30,900 Wages Expense 1,100 Supplies Expense 27,500 Phone Expense vailities Expense thsurance Expense Decredition Expenst-Equipment Miscellareouis Expense Interest Expeose 600 900 8,000 1,200 3,600 590 4,600 Sauter office Supplies Income Statemsent For Year Ended December 31, 20- Revenue from sabes! Show Mo How | Sauter Office SuDolies https//vecengagenow.com/im/takeAssignment/takeAssignmentMaindoPinvoker = \&takeAssignmentSessiontocator = \&inprogress=false Net sales (with details) - Cost of goods sold (with dotails) - Gross profit - Operating expenses - Income from operations + Other revenues - Other expensee = It is important to have a solid understanding of the sequenice of the above components of a multiplestep income stateglent

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