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 Flynt Corp. Corrigan, Inc. 100,000 L $ L $ 28,000 Flynt Corp. 100,000 Corrigan, Inc. $ 51,000 $ 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 93,000 (1,800) Net Sales Revenue Cost of Goods Sold: Beginning Merchandise Inventory (1,800) 28,000 (a) 51,000 60,000 Purchases and Freight In Cost of Goods Available for Sale 40,000 115,000 84,000 (b) (1,800) 93,000 (1,800) S 11,000 Operating Income Ending Merchandise Inventory Cost of Goods Sold Gross Profit Selling and Administrative Expenses 60,000 40,000 115,000 84,000 Operating Income 11,000 (9) $ Print Done