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 Purchases Total Avallable Cost of Goods Sold Ending Inventory $ 580 Gross Profit Expenses Sales Beginning Revenus Inventory $ 1,400 $ 300 1,400 130 Protax Income (Loe $ $ A B 1,300 1,140 230 210 220 100 480 450 240 250 160 100 D 920 1,020 670 930 250 (70) E 1.130 630

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