Fill in the blanks in the following separate income statements a through e. 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) b C $66,000 $45,200 $50,000 8,900 35,000 16,550 2,500 33,720 18,000 20,000 6,300 d 7,900 35,000 8,200 6,800 14,150 43,400 11,830 12,850 5,000 $15,370 $1,300 $38,400 e $24,500 4,330 5,600 7,500 7,400
Fill in the blanks in the following separate income statements a through e 
