Jenkins Company has the following account balances, extracted from itsmultiple-step income statementfor the current year.Required:

Compute the missing amounts.

Sales

?

Sales Returns and Allowances

4,700

Sales Discounts

3,900

Net Sales

105,100

Cost of Goods Sold

51,800

Gross Profit

?

Selling Expenses

10,700

General and Administrative Expenses

?

Total Operating Expenses

?

Net Income

35,100