Please explain how to solve Aug 15 - 30

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.) Sales $ 62,000 43,50046,000 $ 25,600 Cost of goods sold 8,000 38,000 4,560 6,600 17,050 7,500 Merchandise inventory (beginning) Total cost of merchandise purchases Merchandise inventory (ending) Cost of goods sold 8,000 32,000 (3,000) 9,000) 6,600) 34,050 16,000 7,000 Gross profit Expenses Net income (loss) 45,600 3,600 $ 16,850 $ (8,400) $42,000 3,750 12,150 10,000 10,650 6,000