Name: Date: When the calcuations for the missing amounts are correct, the cell will change to yellow. I Using your accounting knowledge, find the missing amounts in the following separate income statements {Amounts to be deducted should be indicated by a minus sign.) a b c Sales $62,000 $43,500 $46,000 Cost of goods sold Merchandise inventory (beginning) 8,000 17,050 7,500 Total cost of merchandise purchases 38,000 1,950 43,750 Merchandise inventory (ending) (11,950) W W Cost of goods sold 34,050 16,000 42,250 Gross profit $27,950 $27,500 $3,750 Expenses 10,000 10,650 12,150 \\let income (loss) $17,950 $16,850 ($8,400)