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begin{tabular}{|c|c|c|c|c|c|c|} hline & multicolumn{3}{|c|}{ Crane Company } & multicolumn{3}{|c|}{ Blue Company } hline Sales revenue & & $95,780 & & $ & & (d)
\begin{tabular}{|c|c|c|c|c|c|c|} \hline & \multicolumn{3}{|c|}{ Crane Company } & \multicolumn{3}{|c|}{ Blue Company } \\ \hline Sales revenue & & $95,780 & & $ & & (d) \\ \hline Sales returns and allowances & $ & & (a) & & $6,860 & \\ \hline Net sales & & 90,000 & & & 106,500 & \\ \hline Cost of goods sold & & 51,750 & & & & (e) \\ \hline Gross profit & & & (b) & & 50,055 & \\ \hline Operating expenses & & 18,550 & & & & (f) \\ \hline Net income & & & (c) & & 17,000 & \\ \hline \end{tabular}
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