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You will need to know the amounts for net sales, gross profit, operating income, and net income after taxes. Adjusted Trial Balance As of 12/31/20xx

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You will need to know the amounts for net sales, gross profit, operating income, and net income after taxes. Adjusted Trial Balance As of 12/31/20xx Accounts Normal Account Balance $25,720 24,500 3.000 Cash Accounts Receivable Allowance for Uncollectible JAccounts Inventory Deferred Revenue Common Stock Retained Earnings Service Revenue Sales Discounts Cost of Goods Sold Rent Expense Interest Expense Income Tax Expense 35,000 10,000 150,000 10.000 175.000 1.112 50.194 15,175 4.000 13,000 Multi-Step Income Statement Question: Based on the Multi-step Income Statement you prepared on your scratch paper, what is the amount of "Operating Income" on the Multi- step Income Statement for the period ending 12/31/xx? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24.123, you would only input: 24123

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