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Consider the following partally completed income statements for merchandising companios and compute the missing amounts (Cick the icon to view the Income Statements) Boswell, Inc.

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Consider the following partally completed income statements for merchandising companios and compute the missing amounts (Cick the icon to view the Income Statements) Boswell, Inc. White Corp. Net Sales Revenue 99,000 Cost of Goods Sold 29,000 Beginning Merchandise Inventory 49,000 Purchases and Freight In 93,000 Cost of Goods Availablo for Sale Ending Merchandise Inventory (2,400) (2,400) Cost of Goods Sold 58,000 41,000 110,000 Gross Profit 84,000 Selling and Administrative Expenses 14,000 Operating Income Enter any number in the edit fields and then continue to the next

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