i Data Table Cost of Gross Company Goods Sold Profit Baker Beginning Net Ending Net Sales Inventory Purchases Inventory $ 106,000 $ 25,000 S 60,000 $ 21,000 142,000 33,000 (c) 35,000 (e) (0) 55,000 23,000 81,000 8,000 31,000 (9) Hults (a) (d) 68,000 35,000 (b) 47,000 26,000 Hartt Ugino (h) Print Done om any list or enter any number in the input fields and then continue to the next artial ses Inventory Goods Sold Requirements -X 1. Supply the missing income statement amounts for each of the companies. 2. Prepare the income statement for Baker Company for the year ended December 31, 2018. Use the cost-of-goods-sold model to compute cost of goods sold. Baker's operating and other expenses for the year were $40,000. Ignore income tax. he Y Print Done Review the income statement data for each of the following companies: Click the icon to view the data.) Read the fequirements. Requirement 1. Supply the missing income statement amounts for each of the companies Cost of Gross Company Baker Beginning Net Ending Net Sales Inventory Purchases Inventory 106,000 $ 25,000 $ 60,000 $ 21,000 142.000 33,000 35,000 Goods Sold Profit S Hults 47,000 Hartt 55,000 23,000 68,000 26.000 Ugino 81,000 8.000 31,000 35,000 Requirement 2. Prepare the income statement for Baker Company for the year ended December 31, 2018. Use the cost-of-goods-sold model to compute cost of goods sold. Baker's operating and other expenses for the year were $40.000 Inne Inne in Requirement 2. Prepare the income statement for Baker Company for the year ended December 31, 2018. Use the cost-of-goods-sold model to compute cost of goods sold. Baker's operating and other expenses for the year were $40,000. Ignore income tax. Baker Company Income Statement Year Ended December 31, 2018 Cost of goods sold Cost of goods sold he Not income (los)