Fill in the blanks (a) through (g) for each of the income statements for Year 1, Year 2, and Year 3. Net sales Cost of goods sold Merchandise inventory, beginning Total cost of merchandise purchases Merchandise inventory, ending Cost of goods sold Gross profit Income Statements For Years Ended December 31 Year 1 $ 7,560 Operating expenses Net income (loss) $ 2,440 2,820 3,790 950 Year 2 $ 10,100 385 3,675 770 6,810 3,790 Year 3 $ 770 4,925 635 5,060 5,260 2,540

Fill in the blanks (a) through (g) for each of the income statements for Year 1, Year 2, and Year 3