Presented below is financial information for two different companies. Compute the missing amounts.

Exercise 3-15 Presented below is financial information for two different companies. Compute the missing amounts. Blue Company Kingbird Company Sales revenue 83,480 (d) Sales returns and allowances (a) 5,070 Net sales 78,080 96,990 Cost of goods sold (e) 59,080 Gross profit (b) 35,950 Operating expenses 15,530 23,540 Net income (c) 12,410 Open Show Work Click if you would like to Show Work for this