ily: Connect Homework (due Mon] 1%252Fwebapps%252Fpartne Saved Exercise 5-1 Computing revenues, expenses, and income LO C1, C2 Fill in the blanks in the following separate income statements a through e. (Amounts to be deducted should be indicated by a minus sign.) d $ 66,000 $ 43,600 $ 53,000 $ 27,000 8,000 35,000 4.500 6,600 Sales Cost of goods sold Merchandise inventory (beginning) Total cost of merchandise purchases Merchandise inventory (ending) Cost of goods sold Gross profit Expenses Net income (loss) 33,860 16,660 5,400 7,200 28,000 (2,900) (8,300) (7.600) 18,000 3,400 41.100 10,800 10,410 4,600 $ 14,800 $ (7,010) $ 36,500 7,800 7,300 19,000