15 e Question Completion Status: QUESTION 33 Multiple-step income statements: Are required by the FASB and lASB Are required for the periodic inventory system. List cost of goods sold as an operating expense Are only used in perpetual inventory systems QUESTION 34 On March 12, Klein Company sold merchandise in the amount of $7.800 to Babson Company, with credit terms of 2/1 Klein uses the perpetual inventory system and the gross method of accounting for sales. the merchandise is $600 and the cost of the merc that Klein receives from Babson on March 20 is: 0, n/30. The cost of the items sold is $4,500 On March 15, Babson returns some of the merchandise. The selling price of returned is $350, Babson pays the invoice on March 20, and takes the appropriate discount. The O $7,800. $7,644. $7,044. O $7,056. O $7.200. OUESTION 35 Click Save and Submit to save and submit. Click Save All Answers to save all ansuers MacBook Pro