Question: Need help getting the merchandise inventory (ending) for a and e. Exercise 4-1 Computing revenues, expenses, and income LO C1, C2 Fill in the blanks

Need help getting the merchandise inventory (ending) for a and e.Need help getting the merchandise inventory (ending) for a and e. Exercise

Exercise 4-1 Computing revenues, expenses, and income LO C1, C2 Fill in the blanks in the following separate income statements a through e. (Amounts to be deducted should be indicated by a minus sign.) a b c d Sales $ 62,000 $ 43,500 $ 46,000 $ 79,000 $ 25,600 4,560 8,000 38,000 6,600 Cost of goods sold Merchandise inventory (beginning) Total cost of merchandise purchases Merchandise inventory (ending) Cost of goods sold Gross profit Expenses Net income (loss) 17,050 7,500 8,000 1,950 43,750 32,000 (3,000) (9,000) (6,600) 16,000 42,250 33,400 3,750 45,600 10,650 12,150 3,600 $ 16,850 $ (8,400) $ 42,000 7,000 27,500 34,050 27,950 10,000 $ 17,950 18,600 6,000 $ 12,600

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