6. The account balances below were taken from Inbey Corporation's adjusted trial balance. Compute the amount of
Net Income that would be reported on Inbev's multiple-step Income Statement.
Accounts Receivable
Cash
Cost of Goods Sold
General Expenses
Interest Expense
a. $239,000
b. $178,000
38,000
23,000
420,000
92,000
13,000
Interest Revenue
Sales Revenue
Sales Discounts
Sales Returns & Allowances
Selling Expenses
c. $172,000
d. $216,000
$3,000
850,000
17,000
2,000
131,000