Consider the following partially completed income statements for merchandising companies and compute the missing amounts (Click the icon to view the Income Statements.) Data table Net Sales Revenue Smith, Inc. Allen, Inc. 101,000 Cost of Goods Sold Net Sales Revenue $ Smith, Inc. 101,000 Allen, Inc. $(d) Beginning Merchandise Inventory 13,200 $ 29,000 Cost of Goods Sold Purchases and Freight In 50,000 Cost of Goods Available for Sale 63,200 89.000 Ending Merchandise Inventory (2,200) (2.200) Beginning Merchandise Inventory Purchases and Freight In Cost of Goods Available for Sale (a) 29,000 50,000 (0) (b) 89,000 Cost of Goods Sold 61,000 Ending Merchandise Inventory (2.200) (2,200) Gross Profit 40,000 114,000 Cost of Goods Sold 61,000 Selling and Administrative Expenses 28,000 84,000 Gross Profit 40,000 114,000 $ 12,000 Operating Income Selling and Administrative Expenses (c) 84,000 $ 12,000 Operating Income $(9) Print Done