The work sheet for Oppong Corporation is shown below

Complete the classified multi-step income statement on the right.

Test 2-Lyryx Learning Inc - Personal - Microsoft Edge https://lifa1.Jyryx.com/quiz-servlets/QuizServlet/ccid=11328 Accumulated Depreciation, Office Fixtures Accumulated Depreciation, Office Furniture Cost Of Goods Sold Depreciation Expense, Office Fixtures Depreciation Expense, Office Furniture Dividends Income Taxes Expense Income Taxes Payable Insurance Expense Liabilities Merchandise Inventory Office Foxtures, Office Furniture, Office Salanes Expense Office Supplies Expense, Rent revenue Retained Earnings Sales Sales Discounts Sales Returns and Allowances, Sales Salanes Expense Share Capital Store Supplies Expense Totals Net Income Totals Type here to search Income Statement Debit Credit 98,500 14,000 12,500 26,800 20,000 141,500 97,500 9,500 12,500 87,500 272,500 423,500 Balance Sheet and Statement of Changes in Equity Debit Credit O 27,000 179,500 61,000 210,500 25,500 26,000 26,800 4,000 89,000 137,500 68.500 588 800 696,000 486.000 378,800 107,200 107 200 696.000 696.000 486,000 486,000 X+ x + x + X4 X4 x + ** Oppong Corporation Income Statement For the year ended December 31, 2014 Net sales Gross profit from sales Operating expenses Selling expenses E Total selling expenses General and administrative expenses Total general and administrative expenses Total operating expenses. Other revenues and expenses Income before tax 17C Mostly sunny