Fill in the blanks (a) through (g) for the Hendricks Company for each of the income statements for 2009, 2010 and 2011.

Hendricks Company Income Statements For the years ended December 31
	2009	2010	2011
Sales	$7,500	$10,000	(f)
Cost of goods sold
Merchandise inventory (beginning)	(a)	375	750
Total cost of merchandise purchases	2,400	3,625	4,875
Merchandising inventory (ending)	(b)	750	625
Cost of goods sold	2,770	(d)	5,000
Gross profit	(c)	6,750	5,200
Operating expenses	3,750	3,750	(g)
Net income	$980	(e)	$2,500

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ekkarill92 answered 1 year ago

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