Question: Using your accounting knowledge, fill in the blanks in the following separate Income Statements a through e. Identify any negative amounts by putting it in

Using your accounting knowledge, fill in the blanks in the following separate Income Statements a through e. Identify any negative amounts by putting it in parentheses
4. Using your accounting knowledge, fill in the blanks in the following separate Income Statements a through e. Identify any negative amounts by putting it in parentheses. (15 POINTS) d e Exercise 4-1 Computing revenues, expenses, and income C1 $62,000 $43,500 $46,000 $ ? $25,600 7,500 8,000 38,000 ? 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) 17,050 ? (3.000) 16,000 8,000 32,000 (6,600) ? (9.000) 34.050 ? 4,560 6,600 ? 7,000 ? 6,000 $? ? ? 10,000 $ ? 10,650 $16,850 3.750 12,150 $ 8.400) 45,600 3,600 $42.000
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