-/5 II Chocolate Treats has the following account balances $390.000 Rent expense $43.000 13.500 Salaries...

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Accounting

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-/5 II Chocolate Treats has the following account balances $390.000 Rent expense $43.000 13.500 Salaries expense Cost of goods sold Depreciation expense Insurance expense Interest expense 56,000 3.300 Sales 565.000 5.600 11.500 Sales discounts Interest revenue 8.000 Sales returns and allowances 16,500 Assuming Chocolate Treats uses a multiple step income statement, calculate the following retsates (bl pross proft (c) operating expenses, id) profit from operations and le profit (a) Net sales 5 (Gross pront 5 Ich Operating expenses 5 d) Profit from operation $ e Profit

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