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Exercise 5 - 1 ( Static ) Computing revenues, expenses, and income LO C 1 Fill in the blanks in the following separate income statements

Exercise 5-1(Static) Computing revenues, expenses, and income LO C1
Fill in the blanks in the following separate income statements a through e.
\table[[,a,b,c,d,e],[Sales,$,62,000,$,43,500,$,55,000,$,25,600],[Cost of goods sold],[Merchandise inventory, beginning,,8,000,,17,050,,7,500,,8,000,,4,560],[Total cost of merchandise purchases,,38,000,,,,,,32,000,,6,600],[Merchandise inventory, ending,,,,3,000,,9,000,,6,600,,],[Cost of goods sold,,34,050,3,16,000,,,,,,7,000],[Gross profit,,,13,,,12,750,,45,600,,],[Expenses,,10,000,=,10,650,11,12,150,,3,600,,6,000],[Net income (loss),,,$,16,850,$,600,$,42,000,,]]
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