Consider the following partially completed income statements for merchandising companies and compute the missing amounts: View the Income Statements. Income Statements White Corp. Net Sales Revenue $ 101,000 Net Sales Revenue $ White Corp. 101,000 Flynt Corp. $ (d) Cost of Goods Sold: Cost of Goods Sold: Beginning Merchandise Inventory Purchases and Freight In 52,000 Beginning Merchandise Inventory (a) 28,000 52,000 (e) Cost of Goods Available for Sale Purchases and Freight In Ending Merchandise Inventory (2,000) Cost of Goods Available for Sale (b) 92,000 (2,000) (2,000) Cost of Goods Sold 61,000 Ending Merchandise Inventory Gross Profit 40,000 Cost of Goods Sold 61,000 (f) Selling and Administrative Expenses Gross Profit 40,000 111,000 $ 10,000 Operating Income Selling and Administrative Expenses (c) 87,000 $ 10,000 $(g) Operating Income Print Done