Fill in the blanks in the following separate income statements
a through e. (Amounts to be deducted
should be indicated by a minus sign.)
a
b
c
d
e
Sales
$62,000
$44,700
$53,000
$26,700
Cost of goods sold
Merchandise inventory (beginning)
8,800
16,040
6,700
7,100
4,380
Total cost of merchandise
purchases
31,000
44,000
6,400
Merchandise inventory (ending)
(2,400)
(8,000)
(7,000)
Cost of goods sold
33,770
17,000
7,500
Gross profit
5,100
49,200
Expenses
10,000
10,590
11,630
4,800
7,800
Net income (loss)...