Check my work Exercise 4-1 Computing revenues, expenses, and income LO C1, C2 Fill in the blanks in the following minus sign.) income statements a through e. (Amounts to be deducted should be indicated by a $ 68,000 68,000 $ $ 44,300 $ 54,000 $ 25,800 16,860 6,600 7,800 36,000 8,000 29,000 (6,800) 4,450 5,700 Sales 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) (8,800) 15.4501 (2,100) 16,000 33,480 6,700 25,000 5,900 10,260 (4,360) 11,290 17,010 42,800 3,300 39,500 7.100 $ $ $