Question: QUESTION 20 Here are some items that appear on an income statement Operating expenses 2,200 income taxes 500 Net other other revenues and gains netted

QUESTION 20 Here are some items that appear on an income statement Operating expenses 2,200 income taxes 500 Net other other revenues and gains netted against other expenses and losses) (450) If the gross profit was $5,000, how much is not income on a multi-stop income statement? O $2,850 $1.850 $3,300 $2,350 QUESTION 21 The payment of a previously declared cash dividend after the record date O has no effect on liabilities O reduces net income decreases assots decreases retained earnings OOO

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