E7-2 (Static) 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.) Case A Case B Case C $ Net sales revenue 5,050 7,500 $ $ 7,000 Beginning inventory 11,200 4,000 Purchases 4,500 9,500 Goods available for sale 15,050 13,500 Ending inventory 11,050 9,000 4,200 Cost of goods sold Gross profit 800 Expenses 300 700 $ $ $ Pretax income (loss) 500 (200) 150