Fill in the blanks in the following separate income statements a through e. Sales a b C d e $ 68,000 $ 44,300 $ 54,000 $ 25,800 Cost of goods sold Merchandise inventory, beginning 7,800 16,860 6,600 8,000 4,450 Total cost of merchandise purchases 36,000 29,000 5,700 Merchandise inventory, ending 2,100 8,800 6,800 Cost of goods sold 33,480 16,000 6,700 Gross profit 14,050 42,800 Expenses 25,000 11,290 12,800 3,300 7,100 Net income (loss) $ 17,010 $ 1,250 $ 39,500