Question: Here are some items that appear on an income statement. Operating expenses 850 Income tax expense 385 Net other (other revenues and gains netted against

Here are some items that appear on an income statement. Operating expenses 850 Income tax expense 385 Net other (other revenues and gains netted against other expenses and losses) 500 If the gross profit was $5,000, how much is net income on a multiple-step income statement? $4,150 $3,350 $4,650 $4,265

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