Fill in the blanks in the following separate income statementsa through e. (Amounts to be deducted
should be indicated by a minus sign.)abcdeSales$72,000$44,500$36,000$25,200Cost of goods soldMerchandise inventory (beginning)7,50016,9606,1007,0004,470Total cost of merchandise purchases58,00037,0006,800Merchandise inventory (ending)(2,100)(8,700)(6,000)Cost of goods sold33,39017,0007,800Gross profit5,90047,600Expenses22,00011,53010,0705,1006,600Net income (loss)$15,970$(4,170)$42,500