Fill in the blanks in the following separate income statements a through e. Sales a b C d $ 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 16,000 7,000 Gross profit 12,750 45,600 Expenses 10,000 10,650 12,150 3,600 6,000 Net income (loss) $ 16,850 $ 600 $ 42,000