Financial information is prsesnted hers for Pharoah Company.

$($a$)$

Compute the missing amounts.

Sales revenue

s

Sales raturns and allowances

$4,500$

$72,000$

Netsales

$72,000$

Cost of goods sold

$s$

Gross profit

$25,920$

Opsrating eqpenses

$

Net income

$12,240$