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Financial information follows for three different companies: Determine the missing amounts. Ivanhoe Cosmetics Metlock Footware Sales Bridgeport Grocery (e) $ $243,000 $275,000 Sales returns and

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Financial information follows for three different companies: Determine the missing amounts. Ivanhoe Cosmetics Metlock Footware Sales Bridgeport Grocery (e) $ $243,000 $275,000 Sales returns and allowances (a) 25,000 20,000 Net sales 349,000 0 219,000 101,000 Cost of goods sold (1) Gross profit 209,000 150,000 Operating expenses 53,000 (8) 95,000 Profit from operations Other expenses 11,000 10,000 ( Profit 67,000 41,000

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