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E7-2 Inferring Missing Amounts Based on Income Statement Relationships LO7-1 Enter the missing dollar amounts for the income statement for each of the following independent

E7-2 Inferring Missing Amounts Based on Income Statement Relationships LO7-1 Enter the missing dollar amounts for the income statement for each of the following independent cases. (Hint: In Case B, work from the bottom up.)

Case A Case B Case C
Net sales revenue $7,520 $6,180
Beginning inventory $11,200 $6,550 $3,990
Purchases 4,920 9,330
Goods available for sale 15,100 13,320
Ending inventory 10,340 10,910
Cost of goods sold 4,490
Gross profit 1,430
Expenses 270 620
Pretax income (loss) $1,470 $(540) $1,070

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