Check my work Fill in the blanks in the following separate income statements a through e. (Amounts to be deducted should be indicated by a minus sign.) b d Sales $ 66,000 $44,600 $ 47,000 $ 25,300 Cost of goods sold Merchandise inventory (beginning). 8,900 16,990 5,900 7,900 4,330 Total cost of merchandise purchases 39,000 41,000 5,000 Merchandise inventory (ending) (2,900) (8,200) (5,000) Cost of goods sold 33,900 20,000 7,700 Gross profit Expenses Net income (loss) 4,600 49,700 10,000 10,310 10,070 5,200 6,800 $ 14,290 $ (5,470) $ 44,500