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Financial Information is presented here for two companies. Bramble Company Crane Company $ 64,000 Sales revenue ? Sales returns and allowances ? 3,640 Net sales

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Financial Information is presented here for two companies. Bramble Company Crane Company $ 64,000 Sales revenue ? Sales returns and allowances ? 3,640 Net sales 52.000 75.000 33,280 ? Cost of goods sold Gross proht ? 31.500 Operating expenses 12,000 ? Net Income 15,000 (a) Compute the missing amounts. Crane Company Bramble Company Sales revenue $ 64,000 $ Sales returns and allowances S 3.640 Net sales 52.000 75.000 33,280 S Cost of goods sold Gross profit 31,500 Operating expenses 12,000 Net Income 15.000

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