Set forth below is account balance information excerpted from the adjusted trial balance of Mesa Wholesale Company:
Accounts
Dr
Cr
Sales
2,029,000
Sales Returns & Allowances
58,000
Sales Discounts
39,000
Cost of Goods Sold
1,313,000
Salary and Wage Expense
248,000
Rent Expense
179,000
Depreciation Expense
65,000
Insurance Expense
17,000
Delivery Expense
13,000
Supplies Expense
10,000
Interest Expense
22,000
Gain on Disposal of Fixed Assets
29,000
Interest Income
4,000
Calculate the following numbers and enter you answers in the boxes below:
Net Sales:
Gross Profit:
Income from Operations:
Net Income: