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E5-10 Inferring Income Statement Values LO5-3 Supply the missing dollar amounts for the current year income statement of NexTech Company for each of the following

E5-10 Inferring Income Statement Values LO5-3

Supply the missing dollar amounts for the current year income statement of NexTech Company for each of the following independent cases. (Input all amounts as positive values.)

Case A Case B Case C Case D Case E
Sales revenue $930 $880 $530
Cost of goods sold 340 530 520
Gross margin 415 380
Selling expense 120 115 380 200
Administrative expense 100 90 100 75
Pretax income 215 210 180
Income tax expense 40 45 65 25
Net income 140 80 80

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