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Determining Amounts for Items Omitted from Income Statement One item is omitted in each of the following four lists of income statement data. Sales $468,250
Determining Amounts for Items Omitted from Income Statement
One item is omitted in each of the following four lists of income statement data.
| Sales | $468,250 | (b) | $1,245,000 | (d) |
| Cost of merchandise sold | (a) | $339,500 | (c) | $439,375 |
| Gross profit | 83,940 | 83,500 | 467,975 | 123,835 |
Determine the missing amount.
| a. | $ |
| b. | $ |
| c. | $ |
| d. | $ |
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