Computing revenues, expenses, and income C1 Fill in the blanks in the following separate income statements a through e. 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). $62,000 $43,500 8,000 38,000 34,050 10.000 $ ? 17,050 ? 3,000 16,000 ? 10,650 $16,850 $55,000 $ ? 7,500 ? 9,000 ? 12,750 12,150 $ 600 8,000 32,000 6,600 ? 45,600 3.600 $42.000 7 $25,600 T 4,560 6,600 ? 7,000 ? 6,000 $?

Computing revenues, expenses, and income C1 Fill in the blanks in the following separate income statements a through e