Current Attempt in Progress The following are the components in Cullumber Company's income statement. Determine the missing amounts. Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses (a) $76,100 $ $36,000 $ (b) (c) $115,600 eTextbook and Media Save for Later $74,200 $73,100 $80,200. $47,000 Attempts: unlimited Submit Answer Current Attempt in Progress The following are the components in Cullumber Company's income statement. Determine the missing amounts. 100 500 Cost of Goods Sold Gross Profit Operating Expenses Net Income $36,000 $ $20,700 $74,200 $ $73,100 $80,200 $ $23,500 $47,000 $ Presented below is the format of the worksheet using the perpetual inventory system. Indicate by selecting 'X' mark where the following items will appear on the worksheet. Trial Balance Adjusted Trial Balance Income Adjustments Statement Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. (a) Cash (b) Inventory (c) Sales revenue (d) Cost of goods sold Presented below is the format of the worksheet using the perpetual inventory system. Indicate by selecting 'X' mark where the following items will appear on the worksheet. Trial Balance Adjustments Adjusted Trial Balance ue ods sold Dr. Cr. Dr. v Cr. Dr. v Income Statement Balance Sheet Cr. Dr. Cr. Dr. Cr. v The following information is available for Barbara Company: Debit Credit Owner's Capital $43,000 Owner's Drawings $19,780 Sales Revenue 430,000 Sales Returns and Allowances 17,200 Sales Discounts 6,450 Cost of Goods Sold 259,720 Freight-Out 1,978 Advertising Expense 12,900 Interest Expense 16,512 Salaries and Wages Expense 45,580 Utilities Expense 15,480 Depreciation Expense 7,740 Utilities Expense 15,480 Depreciation Expense 7,740 Interest Revenue 15,480 Using the above information, prepare the closing entries for Barbara Company. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Dec. 31 Dec. 31 (To close accounts with credit balances.) Debit Credit Dec. 31 I I Dec. 31 (To close accounts with debit balances.) Dec. 31 (To transfer net income to capital.) (To close drawings account to capital.)