Question: 1 E7-2 (Algo) Inferring Missing Amounts Based on Income Statement Relationships LO7-1 Enter the missing dollar amounts for the income statement for each of the

1 E7-2 (Algo) Inferring Missing Amounts Based on Income Statement Relationships LO7-1 Enter the missing dollar amounts for the income statement for each of the following independent cases. (Hint: In Case B, work from the bottom up) 249 51 Case B Case A $ Case C $ 7,550 6,150 $ Book 11,040 $ 6,530 $ 4.880 3,880 9,370 13,250 Hint Net sales revenue Beginning inventory Purchases Goods available for sale Ending inventory Cost of goods sold Gross profit Expenses Pretax income (loss) rences 15,100 11.010 10.250 44 1.330 290 1.590 $ S 640 1,060 (570) $ Prey 1 of 8 Next >

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