Plz help me urgently plz explain answer AccountingHere are some items that appear on an incomestatement.Operating650Income tax expenseexpenses475Net other (other revenues and gainsnettedagainst other expenses and losses) 300If the gross profit was $4,000, how much is netincome on a multi-step income statement?$3,650$3,175$3,350$3,875Entity G uses the allowance method foruncollectible accounts. When it later writes offan account receivable, it should:debit bad debt expense and creditaccounts receivable.debit allowance for doubtful accountsand credit accounts receivable.debit sales returns and allowances andcredit accounts receivablenone of the above.need asap

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Here are some items that appear on an income statement. Operating 650 Income tax expense expenses 475 Net other (other revenues and gains netted against other expenses and losses) 300 If the gross profit was $4,000, how much is net income on a multi-step income statement? $3,650 $3,175 $3,350 $3,875