X Requirements 1. Prepare a single-step income statement. 2. Prepare a multi-step income statement. 3. C. Douglas, manager of the company, strives to earn a gross profit percentage of at least 50%. Did Tasty Treat achieve this goal? Show your calculations Print Done d step and net income in the final step. (Enter Selling Expenses before Administrative Expenses. Use a minus sign upany list the following selected accounts 1of the quarter neu Data Table 500 $ 16,600 45.500 43,000 35,600 37,600 34,000 Interest Revenue Merchandise Inventory Notes Payable, long-term Salaries Payable Net Sales Revenue Rent Expense (Seling) Salaries Expense (Administrative) Office Supplies Uneamed Revenue Interest Expense Depreciation Expense Equipment (Administrative) Utilities Expense (Administrative) Delivery Expense (Selling) 3,200 291.000 21.500 2.200 6.300 13,500 2.600 Accounts Payable Accounts Receivable Accumulated Depreciation-Equipment Common Stock Retained Earnings Dividends Cash Cost of Goods Sold Equipment Interest Payable Rent Expense (Administrative) Salaries Expense (Seling) Utilities Expense (Selling) 6,040 26,000 7,400 130.950 129.000 700 1 290 9.000 6.200 4.800 3.200 10 300 Print Done ting income in the second step and net income in the final step Enter Selling Expenses before Administrative Expenses. Use a minus sign or parentheses to show oth nue to the ned question LG Read the courement Requirement 1. Prepare a single-step income statement. (Abbreviation used Eq - Equipment.) Tasty Treat Beef Company Income Statement Quarter Ended April 30, 2024 Net Income (Loss) Requirement 2. Prepare a multi-step income statement Begin by completing the statement through the gross profit then calculate operating income in the second stop and not income in the Choose from any list or enter any number in the input fields and then continue to the next question Type here to search o Si Net Income (LO) Requirement 2. Prepare a multi-step income statement Begin by completing the statement through the gross profit, then calculate operating income in the second step and net income in the final stop Tasty Treat Beef Company Income Statement Quarter Ended April 30, 2024 Gross Profit Choose from any other any ember in the inputs and then continue to the next question Type here to seach O Click the icon to view the accounts.) Read the requirements Quarter Ended April 30, 2024 Gross Profit Net Income (Loss) Choose from any list or enter any number in the input fields and then continue to the ned question Type here to search O Notice) Requirement. Douglas, manager of the company strives to earn a gross prospercentage of at least Ou Testy Treat achieve this goal? Show your calculations Compute the gross pro percentage of Tasty Treat Round the gross profile percentage to the nearest tenth of a percent XXX) Gross pro Did Tasty Treat achieve this TayTrew aceve is goal Choose from any est or enter any number in the input fields and then continue to the next question Type here to search O LG Please answer the question in full if you know how to do it! Please allign the answers how the questions are so it's not confusing for me to figure out where it goes! Will give a thumbs up if the answer is correct! If you have trouble reading any of the images please let me know so I can post another picture