Consider the following partially completed income statements for merchandising companies and compute the missing amounts: View the Income Statements. Net Sales Revenue Cost of Goods Sold: Beginning Merchandise Inventory Purchases and Freight In Cost of Goods Available for Sale Ending Merchandise Inventory Cost of Goods Sold Gross Profit Selling and Administrative Expenses Operating Income $ $ Fit Apparel 99,000 52,000 (2,400) 61,000 38,000 14,000 $ Rustic Gear 28,000 90,000 (2,400) 112,000 87,000 Income Statements Net Sales Revenue Cost of Goods Sold: Beginning Merchandise Inventory Purchases and Freight In Cost of Goods Available for Sale Ending Merchandise Inventory Cost of Goods Sold Gross Profit Selling and Administrative Expenses Operating Income Print Fit Apparel $ 99,000 $ Done (a) 52,000 (b) (2,400) 61,000 38,000 (c) 14,000 Rustic Gear $ (d) 28,000 (e) 90,000 (2,400) 112,000 87,000 $ (g) = X

Consider the following partially completed income statements for merchandising companies and compute the missing amounts: View the income statements. Consider the following partialy completed income statements for morchandising cornpanies and compute the missing amounts: Yew the lncome Statements