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Question 5 Exercise Five Kim Supply Corporation's adjusted trial balance at January 31, 2022 reflects the following: Rent Expense Common Stock Income Tax Expense Insurance Expense Unearned Revenue Salaries Expense Dividends Sales Revenue Sales Discounts Retained Earnings (January 1, 2022) Depreciation Expense Vehicles Cash 30,000 350,000 15,000 2,000 10,000 200,000 ? 742,000 30,000 89,000 20,000 240,000 28,000 50.000 Accounts Payable Prepaid Insurance Accounts Receivable Accumulated Depreciation - Vehicles Cost of Goods Sold 2. Gross profit Instructions Assuming normal balances for each of the accounts, calculate the following (and show all your work for maximum partial credit): 1. Net sales 3. Net income 2,000 4. Dividends 22,000 120,000 20,000 426,000