Question: Fill in the missing amounts in the following income statement for Carpenters Department Store Inc. Net sales Cost of goods sold: Beginning inventory Net purchases

Fill in the missing amounts in the following income statement for Carpenters Department Store Inc.

Net sales Cost of goods sold: Beginning inventory Net purchases Transportation-in Cost of goods purchased Cost of goods available for sale Ending inven tory Cost of goods sold Gross profit Operating expenses Income before tax Income tax expense Net income $122,040 $23,400 S (al 6,550 81,150 $104,550 S 38,600 $ 26,300 10,300 S (el

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