Question: E7-3 (Algo) Inferring Missing Amounts Based on Income Statement Relationships L07-1 Enter the missing dollar amounts for the income statement for each of the following

 E7-3 (Algo) Inferring Missing Amounts Based on Income Statement Relationships L07-1

E7-3 (Algo) Inferring Missing Amounts Based on Income Statement Relationships L07-1 Enter the missing dollar amounts for the income statement for each of the following independent cases: Cases Sales Revenue Beginning Inventory Purchases Total Available Ending Inventory Cost of Goods Sold Gross Profit Expenses Pretax Income (Loss) A $ $ 580 $ 230 1,400 $ 1,400 300 $ 130 1,300 1,140 B 210 220 100 240 480 450 160 D 920 670 250 100 250 E 1,020 930 1,130 530 (70)

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