$($a$)$

Fill in the missing amounts.

Sales returns and allowances

$($a$)$

$7,600$

Net sales

$108,500$

$132,000$

Cost of goods sold

$75,950$

$($e$)$

Gross profit

$($b$)$

$42,240$

Operating expenses

$19,530$

$($f$)$

Net income

$($c$)$

$18,480$

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