URGENT HELP!! fill the box and explain

xercise 4-1 Computing revenues, expenses, and income LO C1 sing your accounting knowledge, find the missing amounts in the following separate income statements. (Amounts to be deducted hould be indicated by a minus sign.) Sales $ 66,00044,600$ 47,000 $ 25,300 Cost of goods sold 7,900 4,330 8,900 5,900 Merchandise inventory (beginning) 16,990 Total cost of merchandise purchases 39,000 5,000 41,000 (2,900)(8,200)5,000) Merchandise inventory (ending) Cost of goods sold 20,000 7,700 33,900 4,600 Gross profit 49,700 10,000 10,310 10,070 5,200 6,800 Expenses $14,290(5,470)S 44,500 Net income (loss)