Fill in the blanks in the following separate income statements a through e. (Amounts to be deducted should be indicated by a minus sign.) Sales Cost of goods sold Merchandise inventory (beginning) Total cost of merchandise purchases Merchandise inventory (ending) Cost of goods sold Gross profit Expenses Net income (loss) $ a 65,000 $ 44,000 $ 51,000 8,600 31,000 33,140 24,000 16,490 (2,600) 20,000 C 11,110 $ 12,890 5,000 (8,800) 3,300 10,610 $ (7,310) d 7,600 45,000 (7,500) 41,100 4,000 $ 37,100 e $ 24,400 4,520 5,200 7,400 7,600
Fill in the blanks in the following separate income statements a through e. (Amounts to be deducted should be indicated by o minus sign.) Fill in the blanks in the following separate income statements a through e. (Amounts to be deducted should be indicated by o minus sign.)