24. The following income statement information for 2019 and 2020 was obtained from the accounting records of Company. Sales Beginning inventory Purchases (net) Ending inventory Cost of goods sold Gross profit Operating expenses Income before income taxes Income tax expense (30%) Net income (loss) Required: Fill in the blanks for the missing data. $200,000 2019 (a) cords (b) (c) (d) Compan 40,000 25,000 $150,000 (e) 65,000 (f) (g) 2020 14,100 (h) 32,900 (i) 40,000 $24,000 5,000 $21000 00 60,000 $18,000 $42.000 40,000

24. The following income statement information for 2019 and 2020 was obtained from the accounting records