Fill in the blanks in the following separate income statements a through e. Sales a b C $ 65,000 $ 44,000 $ 51,000 $ 24,400 Cost of goods sold Merchandise inventory beginning 8,600 16,490 5,000 7,600 4,520 Total cost of merchandise purchases 31,000 45,000 5,200 Merchandise inventory ending 2,600 8,800 7,500 Cost of goods sold 33,140 20,000 7,400 Gross profit 13,750 41,100 Expenses 24,000 11,110 12,650 4,000 7,600 Net income (loss) $ 12,890 $ 1,100 $ 37,100