follow ing arc terms related to the income statement. Match each definition u ith its related term b\ enterii the appropriate letter in the space provided.

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Terms (1) Cost of goods sold (2) Interest expense (3) Extraordinary item (4) Service revenue (5) Income tax expense on operations (6) Income before extraordinary items (7) Net income (8) Gross margin on sales (9) EPS (10) Operating expenses (11) Pretax income from operations Definitions A. Sales Revenue Cost of Goods Sold. B. Item that is both unusual and infrequent. C. Sales of services for cash or on credit. D. Revenues + Gains - Expenses - Losses including effects of discontinued operations. extraordinary items, and cumulative effects of accounting changes (if any). E. Amount of resources used to purchase or produce the goods that were sold during the reporting period. F. Income Tax on Revenues - Operating Expenses. G. Cost of money (borrowing) over time. H. Net income divided by average shares outstanding. I. Income before unusual and infrequent items and the related income tax. J. Total expenses directly related to operations. K. Income before all income tax and before discontinued operations, extraordinary items, and cumulative effects of accounting changes (if any). L. None of the above.