Homework: Chapter 6 Homework > HW Score: 46.2%, 231 o 3 of 5 (4 complete) Score: 0.26 of 1 pt Question Help Overview question 1 of 5 4 complete %E6A-27 (similar to) Consider the data of the following companies which use the periodic Inventory system Click the icon to view the data) Read the requirements es Tools > Requirement 1. Supply the missing amounts for each of the following companies Enginning Ending Net Sales Merchandise Net Cost of Merchandise Cost of Gross Company Revenue Inventory Purchases Inventory Goods Sold Pell Red 5 106 000 $ 24 000 5 50,000 $ 65,000 41.000 Yellow 136.000 23.000 95,000 20.000 92.000 14 000 Orange 94000 20 000 63.000 20 000 53.000 31000 85 000 9.500 31.500 Green 7000 34.000 51.000 Requirement 2. Prepare the income statement for the year ended December 31, 2019. for Red Company which uses the periodic Inventory wstem Include a complete head 19 000 Save > HW Score: 46.2%, 231 of 5 pts Question Help Homework: Chapter 6 Homework Score: 0.26 of 1 pt 3 of 5 (4 complete) E6A-27 (similar to) Consider the data of the following companies which use the periodic inventory system Click the icon to view the data) Read the requirements > Requirement 2. Prepare the income statement for the year ended December 31, 2019 for Red Company, which uses the periodic inventory system include a complete heading and show the full computation of cost of goods sold Red's operating expenses for the year were 50,000 Cost of Goods Sold urse Home signments dy Plan Homework: Chapter 6 Score: 0 26 of 1 pt 3 of 5 (4 complete) E6A-27 (similar to) Consider the data of the following companies which use the periodic inventory system (Click the icon to view the data) Read the requirements sults arson Text altimedia Library > apter Resources Cost of Goods Sold mamic Study dules mmunication Tools Net Income Requirements Gold 1. Supply the missing amounts in the preceding table 2. Prepare the income statement for the year ended December 31, 2019, for Red Company, which uses the periodic inventory system Include a complete heading, and show the full computation of cost of goods sold Red's operating expenses for the year were 58.000 Print Done any list of enter any number in the input helds and then click Check Answer Data Table Sold Cost of Goods Sold Gross Profit 41,000 (a) s Company Red Yellow Orange Green Beginning Ending Net Sales Merchandise Net Cost of Merchandise Revenue Inventory Purchases Inventory $ 106 000 $ 24,000 S 60 000 $ 19.000 (6) 23.000 95.000 (c) 94,000 (d) 63.000 20.000 85 000 9.500 (f) 7000 92.000 63.000 (9) 44,000 (0) 51.000 Print Done