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oadable eTextbook n Assignment CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT URCES Brief Exercise 5-1 Presented below are
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Answer a Amount $ Answer b Amount $ Answer c Amount $
Sales    76,960.00 Sales 117,820.00 Cost of goods sold      73,440.00
Less: Gross profit    34,470.00 Less: Cost of goods sold     79,760.00 Add: Gross profit      82,340.00
Cost of goods sold    42,490.00 Gross profit     38,060.00 Sales 155,780.00
Less: Net Income     22,740.00
Gross profit    34,470.00 Operating Expenses     15,320.00 Gross profit      82,340.00
Less: Net Income    13,550.00 Less: Operating Expenses      45,650.00
Operating Expenses    20,920.00 Net Income     36,690.00
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