Question: please, with explaining the answer Using your accounting knowledge, find the missing amounts in the following separate income statements. Answer is not complete. b $

please, with explaining the answer Using your accounting knowledge, find the missingplease, with explaining the answer

Using your accounting knowledge, find the missing amounts in the following separate income statements. Answer is not complete. b $ 66,000 $ 44,600 $ 47,000 $ 87,800 $ 25,300 8,900 16,990 7,900 4,330 5,900 44,700 39,000 5,910 41,000 5,000 Sales 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) 7.700 14,000 33,900 32,100 10,000 2,900 20,000 24,600 10,310 14,290 8,200 42,400 4,600 10,070 (5,470) 5,000 38,100 % 49,700 5,200 44,500 6,800 $ $ $

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