Selected income statement items are shown for Astrotech Company. Compute the missing amounts for each of the four years. What basic accounting equation did you apply in making your calculations?

Year 2 S? 2,992 8,976 6,429 Y ear Y ear Year 4 Sales Cost of goods sold Gross margin Other expenses Profit before taxes Tax expense Net income $12,011 S11,545 $10,000 3.011 8,659 6.201 2,799 2,363 945 S 1.418 1,019 S1,679 $1,528