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 $468,750
Determining Amounts for Items Omitted from Income Statement
One item is omitted in each of the following four lists of income statement data.
| Sales | $468,750 | (b) | $1,239,000 | (d) |
| Cost of merchandise sold | (a) | $333,725 | (c) | $438,000 |
| Gross profit | 84,380 | 84,050 | 464,000 | 123,765 |
Determine the missing amount.
| a. | $ |
| b. | $ |
| c. | $ |
| d. | $ |
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