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How to fill put the income statement and what to calculate to fill it out...

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Accounting

How to fill put the income statement and what to calculate to fill it out
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1. Supply the missing income statement amounts for each of the companies. 2. Prepare the income statement for Sutherland Company for the year ended December 31, 2021. Use the cost-of-goods-sold model to compute cost of goods sold. Sutherland's operating and other expenses for the year were $36,000. Ignore income tax. Requirement 1. Supply the missing income statement amounts for each of the companies. \begin{tabular}{|c|c|c|c|c|c|c|c|} \hline Company & & et Sales & BeginningInventory & NetPurchases & EndingInventory & CostofGoodsSold & GrossProfit \\ \hline Sutherland & $ & 100,000$ & 20,000$ & 59,000$ & 16,000 & (a) & (b) \\ \hline Crossen & & 125,000 & 28,000 & (c) & 45,000 & (d) & 52,000 \\ \hline Williams & & (e) & (f) & 52,000 & 20,000 & 60,000 & 36,000 \\ \hline Scott & & 88,000 & 7,000 & 29,000 & (g) & 33,000 & (h) \\ \hline \end{tabular}

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