Consider the data of the following companies which use the periodic inventory system:

Requirements
1. Supply the missing amounts in the preceding table.
2. Prepare the income statement for the year ended December 31, 2019, for Large Company, which uses the periodic inventory system. Include a complete heading, and show the full computation of cost of goods sold. Large's operating expenses for the year were $12,000.

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Beginning Merchandise Inventory Ending Merchandise Net Sales Revenue Net Cost of Purchases Cost of Goods Sold Company Gross Profit Inventory s (a) Large $ 105,000 $ 23,000 $ 59,000 S 22,000 $ 45,000 (b) 40,000 27,000 94,000 (c) Small 99,000 68,000 (d) (e) 58,000 24,000 Medium 96,000 80,000 (g) (f) 6,500 44,000 Petite 8,000