The following income statement is complete except for a few captions with bold lines on the left, and amounts with dotted lines on the right. You are to fill in the most likely captions and amounts (ignore income taxes): Karl Company Income Statement For the Year Ended December 31, 2010 Gross sales revenue $------- $3,000 Sales discounts $ 5,000 101,000 Cost of goods sold: 12,000 77,000 Ending inventory 38,000 Operating expenses $ 16,000