Your roommate says, "Sales taxes are reported as an expense in the income statement:" State whether this statement is true o false, eTextbook and Media Solution List of Accounts Attempts: 1 of 1 (b) Wildhorse Company has cash proceeds from sales of $10,970. This amount includes $570 of sales taxes. Give the entry to recor the proceeds. (Credit account titles are automatically indented when the amount is entered. Do not indent manually)