Lane Company Income Statement Year Ended December 31, 2018 Cost of goods sold Cost of goods sold e income oss Choromanistor enterany number in the intelids and then continue to the next question Esc 27 1- A 5 F6 F7 F8 # 2 3 $ 4 % 5 6 & 7 Fab Q W E R T Y U 12.com Review the income statement data for each of the following companies: Click the icon to view the data) Read the requirements Requirement 1. Supply the missing Income statement amounts for each of the companies Cost of Goods Sold Gross Profile Company Lane Johnson Alan Beginning Net Net Sales Inventory Purchases 5 108.000 $ 22 000 $ 58.000 5 140.000 27 000 57 000 80.000 8.000 30 000 Ending Inventory 21000 22.000 26.000 69.000 32.000 45.000 26.000 Requirement 2. Prepare the income statement for Lane Company for the year ended December 31, 2015 Uso the cost of goods sold model 147.000 recome tax Le Company Stand Year December 11, 2015 Esc he C FB FT D DO FB F9 # $ % 2 # 3 4 5 6 & 7 8 Q Tab W E R T T IY U 1 CapsLk S D F G . J K unts for each of the companies Net Ending Cost of Gross i Data Table Cost of Goods Sold Gross Profit Company Lane Johnson Allen Thomas Beginning Net Ending Net Sales Inventory Purchases Inventory $ 108,000 $ 22 000 $ 58 000 S 21000 140.000 27 000 (c) 22.000 (6) 0 57.000 26.000 80 000 8.000 30,000 197 Ine's ope (a (d) 69,000 32.000 (b) 45.000 26.000 (h) Print Done x C F Fs F6 A F9 F7 F8 F10 F11 F12 $ % * C 4 & 7 5 6 CO 8 9 0 R T Y U O