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a) You are provided with the following selected information for the fiscal years 2016 through 2019, inclusive. Calculate the missing amounts. 2016 2017 2018 2019

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a) You are provided with the following selected information for the fiscal years 2016 through 2019, inclusive. Calculate the missing amounts. 2016 2017 2018 2019 Income Statement Data Sales revenue $55,000 $47,000 Cost of goods sold 13,800 14,300 Gross profit 38,300 35,200 Operating expenses 34,900 28,600 Net income 2,500 | 5| Balance Sheet Data Inventory $7,200 $ $8,100 Accounts payable 3,200 3,600 2,500 Additional Information Purchases of merchandise inventory on account $14,200 $13,200 Cash payments to suppliers (d) 13,600

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