Xander Ltd. had the following account balances at December 31, 2021: Office supplies expense $4,260 Travel and entertainment expense 2,745 Dividends, paid in cash 11,000 Payments to suppliers on account 33,825 Sales revenue 233,500 Sales returns and allowances 11,250 Contributions by owners 15,000 Advertising expense 6,965 Cost of goods sold 145,180 Insurance expense 1,500 Collections from customers on account 37,655 Income tax expense 8,540 Cash received from debt 10,000 Deferred revenue 9,500 Sales discounts 8,750 Freight expense 6,850 Prepaid expenses 9,875 Repairs and maintenance expense 4,745 Rent expense 13,500 Create a multiple step income statement and answer the following questions. Question 85 (2 points) If the company uses the multiple step income statement what is total operating expenses for this company? Question 86 (2 points) What is total net sales for this company? AJ Question 87 (2 points) What is the company's gross profit ratio, also called gross profit margin ratio? A/ Question 88 (2 points) If the company uses the multiple step income statement what is total gross profit for this company? A/ Question 89 (2 points) If the company uses the multiple step income statement what is net income? A