Moving to another question 1 2 3 4 5 10 11 Question 3 The following accounts are taken from the adjusted trial balance of Stanley Company as of December 31, 20 Sales Revenue $998.000 Cost of Goods Sold $100,000 Salaries and Wages Payable 174,000 Gain on Sale of Land 7.500 Interest Expense 19.000 Unnamed Rent Revenue 9,800 Accounts Payable 7,000 Equipment 120,000 Utilities Expense 16,500 Depreciation Expense 65,000 Sales discounts 8,000 Interest Payable 6,000 Cash 230,000 Sales Returns and allowances 15,000 Instructions: Based on the information above, calculate the following metrics. Answers must include a ce 1. Total Assets 2. Current Assets 3. Current Liabilities 4. Net Sales 5. Gross Profit 6. Gross Profit Rate (Round answer to two decimal points and include a % signie 10.47%) a 7 Operating Expenses 8. Income from Operations 9. Net Income