Question: Determining Amounts for Items Omitted from Income Statement One item is omitted in each of the following four lists of income statement data. Sales $445,500

Determining Amounts for Items Omitted from Income Statement

One item is omitted in each of the following four lists of income statement data.

Sales $445,500 (b) $1,239,000 (d)

Cost of merchandise sold (a) $333,725 (c) $440,000

Gross profit 83,610 83,830 459,950 124,485

Determine the missing amount.

a.$

b.$

c.$

d.$

Determining Amounts for Items Omitted from Income StatementOne item is omitted in

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