+ ? Complete the following data taken from the condensed income statements for merchandising Companies X, Y, and Z. If company has a net loss, indicate with use of a minus sign. 2. 3. Condensed Income Statement 4. Company X Company Y Operating income (loss) $220 Sales 1,315 Company z $-70 5. 890 6. Gross profit 435 465 7. 565 Operating expenses Cost of merchandise sold 330 775 8.