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Sagot :
Answer:
The answer is "$38000"
Explanation:
Please find the complete question in the attachment file.
Clip of the paper
Statement of income
Income Revenues 164000
Less: goods sale cost 93000
Significant Benefit 71000
Expenditure for operation:
Committee for sales 10000
Shop rental 13500
Shop utilities 9500
Operating costs Gross 33000
Operating revenue 38000
Costs of products sold calculation:
Investment (January 1) 27000
Goods Bought 89000
Total sub 116000
Reference: Inventory ( December 31 ) 23000
Goods sold at discount 93000
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