Question: QS 5-20 (Algo) Using income statement relations to compute missing amounts LO A1 Compute the missing amounts in the separate income statements A, B, and

 QS 5-20 (Algo) Using income statement relations to compute missing amounts

QS 5-20 (Algo) Using income statement relations to compute missing amounts LO A1 Compute the missing amounts in the separate income statements A, B, and C. A B Sales $ 25,400 $ 99,000 43,600 33,600 Cost of goods sold Gross profit 40,400 15,100 Expenses 7,800 Net income $ 16,600 $ 24,600

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