A company reports the following sales-related information. Sales, gross Sales discounts $ 200,000 Sales returns and allowances 4,000 Sales salaries expense $ 16,000 10,000 Prepare the net sales portion only of this company's multiple-step income statement. Multiple-Step Income Statement (Partial) 0 Net sales Using your accounting knowledge, find the missing amounts in the following separate income statements. (Amounts to be deducted should be indicated by a minus sign.) a b d e Sales $ 62,000 $ 43,500 $ 46,000 $ 25,600 8,000 17,050 7,500 8,000 4,560 38,000 6,600 32,000 (6,600) (9,000) 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) (3,000) 16,000 34,050 7,000 10,000 3,750 45,600 12,150 3,600 $ (8,400) $ 42,000 10,650 $ 16,850 6,000