You are working as a summer intern for AAA Auditing. You have been asked to help resolve discrepancies noted in the audit for Dolfin Company, a retailer of specialty aquarium supplies. As a merchandising company, Dolfin Company uses the perpetual inventory system. To prepare for this assignment, you have been asked to review your knowledge of sales and purchase transactions by completing the following table. Consider the effect of each transaction on the three accounts listed, then use checkmarks to identify which accounts are debited or credited. If none of these accounts is affected by the transaction, check the "No Effect" box. After going through the accounting records of Dolfin Company in detail, the auditor made a list of observations. You have been asked to review the effect of these observations. Final Questions The auditor has asked you to prepare additional information about Dolfin Company's results for last year. Use the data shown on the income statement in your computations. 1. Compute the operating expenses for Dollin Company. 2. Compute the gross profit for Dolfin Company. 3. Compute the income from operations for Dolfin Company