Baker Company has the following account balances, extracted from its multiple-step income statement for the current year.

Compute the missing amounts.

Sales ?

Sales returns and allowances 3000

Sales Discounts 4900

Net sales 104,700

Cost of goods sold 58,300

Gross Profit ?

Selling Expense 9000

General and administrative expense ?

Total operating Expense ?

Net Income 25, 800