Question: please i need help The following financial information was summarized from the accounting records of Block Corporation for the current year ended December 31: Corporate

 please i need help The following financial information was summarized fromplease i need help
the accounting records of Block Corporation for the current year ended December

The following financial information was summarized from the accounting records of Block Corporation for the current year ended December 31: Corporate Total Cost of goods sold Direct operating expenses Net sales Interest expense General overhead Income tax Software Division $236,000 136,000 475,000 Hardware Division $153,600 100,200 330,000 $10,200 90,800 23,500 The gross profit for the Hardware Division is: Select one: a. $176,400. b. $76,200 c. $229,800. d. $103,000. A. Bonds Company The following is a single-step income statement for the A. Bonds Company: $267,500 A. Bonds Company Income Statement For the Year Ended December 31, 2013 Revenues: Net Sales $250,000 Interest Income 17.500 Total Revenues Expenses: Cost of Goods Sold $ 50,000 Selling Expenses 20,000 General and Administrative Expenses 27,500 Interest Expense 12,500 Income Tax Expense | 39,000 Total Expenses Net Income 149.000 $118,500 Refer to A. Bonds Company. If the income statement were prepared in a multiple- step format, income from operations would be: Select one: a. $101,000 O b. $152,500. c. $118,500 d. $113,500

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