Question 32 4.75 pts Multi-Step Income Statement - four (4) questions Instructions: Please prepare a Multi-Step Income Statement on your scratch paper based on the following Partial Adjusted Trial Balance. Use this multi-step income statement to answer this question and the next three (3) questions. You will need to know the amounts for net sales, gross profit, operating income, and net income after taxes.

Question 32 4.75 pts Multi-Step Income Statement four (4) questions Instructions: Please prepare a MultiStep Income Statement on your scratch paper based on the following Partial Adjusted Tral Balance Uhe this multi-step income statement to answer this question and the next three (3) questions You will need to know the amounts for net sales, gross profit, operating income, and net income after taxes. Adjusted Trial Balance As of 12/31/2010 Accounts Normal Account Salance 525,774 24.500 3.000 Cash Accounts Receivable Allowance for Uncollectible Accounts ventory Deferred Reven Common Stock Retained Caming Revenue Sales Sales Discounts Cost of Goods Sold Rent Expense interest Expense income Tax Expense 35.000 10.000 150.000 10.000 100.000 1.114 50.200 5.179 10000 2.000 Question: Based on the Multi-step Income Statement you prepared on your scratch paper, what is the amount of "Net Sales on the Mules step income Statement for the period ending 12/31/ Fill in the blank with your calculated number. DO NOT include commas. S sip, period, decimal points, etc. just enter the raw number. Webcounses will add commes to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123 O DI C Question 33 4.75 pts Multi-Step Income Statement Questions based on the Multi-step Income Statement you prepared on your scratch paper, what is the amount of "Grow Profit on the Multi-step Income Statement for the period ending 12/31/xx! Fil in the blare with your calculated number. DO NOT include commun. Seiers, period, decimat points, etc. just enter the raw number Webcounter wil add commas to your answer automatically. For example, if you calculated the answer to be $24.123, you would only input: 24123 Question 34 4.75 Mults-Step Income Statement Question: Based on the Multi-step income Statement you prepared on your scratch paper, what is the amount of Operating income on the Murstep Income Statement for the period ending 12/31/ Fill in the bank with your calculated number. DO NOT include comma. $ignsperiod. decimal points, etc.. just enter the raw number. Webcourses will add commes to your antwer automatically. For comple, you calculated the answer to be 524123, you would only leout 24123 Question 35 4.75 pts Mults-Step Income Statement Question Based on the Multi-step Income Statement you prepared on your scratch paper, what is the amount of "Net Income After Taxes on the Multi-step Income Statement for the period ending 12/31/ Fill in the blank with your calculated number. DO NOT include comma. S stars, period, decimal points, etc. Just enter the raw number Webcones will add commas to your answer automatically. For example if you calculated the answer to be $24 123, you would only input 24123 to search o G C