Question: urpuration date c. The record date d. The payment date Use the following information to answer questions out a multi-step income statement on your scratch

the following information to answer questions out a multi-step income statement on

your scratch paper) 12-14 below. (Hint: it will help you to pencil

Sale.. Sales Returns& Allowances. Cost of Goods Sol. Selling Expense. $498,000 .

urpuration date c. The record date d. The payment date Use the following information to answer questions out a multi-step income statement on your scratch paper) 12-14 below. (Hint: it will help you to pencil Sale.. Sales Returns& Allowances. Cost of Goods Sol. Selling Expense. $498,000 . 328,000 59,000 Administrative Expens,000 Interest Expens19,000 Interest Revenue.20,000 Gain on Sale Equipment.5,000 12. What is Gross Profit using the above referenced information on the multi-step income statement? a. $72,000 b. $150,000 c. $66,000 d. $60,000 What is Income from Operations using the above referenced information on the multi- step income statement? - 13. a. $72,000 b. $47,000 c. $66,000 d. $60,000 - 14. What is Net Income using the above referenced information on the multi-step income statement? a. $72,000 b. $47,000 c. $66,000 d. $60,000

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