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his Data table Frog Company Income Statement For the Year Ended December 31, 2012 Sales Cost of goods sold Gross profit on sales Administrative expenses

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his Data table Frog Company Income Statement For the Year Ended December 31, 2012 Sales Cost of goods sold Gross profit on sales Administrative expenses Operating income... Interest expense DE*** Income tax expense Net income Cash Accounts receivable Inventory Equipment Total 650,000 ? 370,000 53,000 ? 2.000 94,500 2 Frog Company Balance Sheet At December 31, 2012 $7 Accounts payable.... 13,300 Note payable XIXH 40,000 980,000 Contributed capital Retained earnings Total $ 1,139,300 Print Done 12,900 11,000 560,000 ? - X A set of financial statements for Frog Company follows: (Click to view the financial statements.) Requirement Fill in the missing amounts (indicated with question marks). Requirement 1. Fill in the missing amounts. Begin by completing the income statement. Frog Company Income Statement For the Year Ended December 31, 2012 Sales 650,000 Cost of goods sold Gross profit on sales 370,000 Administrative expenses 53,000 Operating income Interest expense 2,000 Income tax expense 94,500 Net income ****** ******** ******

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