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A set of financial statements for Gator Company follows: (Click to view the financial statements.) Requirement Fill in the missing amounts (indicated with question marks)
A set of financial statements for Gator Company follows: (Click to view the financial statements.) Requirement Fill in the missing amounts (indicated with question marks) Data Table Requirement 1. Fill in the missing amounts. Begin by completing the income statement. Sales. Cost of goods sold. Gross profit on sales. Administrative expenses Operating income 600,000 Gator Company Income Statement For the Year Ended December 31, 2012 375,000 54,000 Sales. . Cost of goods sold.. Gross profit on sales. Administrative expenses Operating income. . Interest expense. Income tax expense Net income - 600,000 6,000 375,000 54,000 94,500 Income tax expense Net income. 6,000 94,500 Gator Company Balance Sheet At December 31, 2012 Cash Accounts receivable. Inventory $? Accounts payable$13,350 13,024 Note payable 3,271 9,830 Enter any number in the edit fields and then click Check Answer ent. 972,684 Contributed capital 605,000 Retained earnings.. part $ 1,129,780 Total
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