Managerial Accounting ACG2071 685537 MW = Homework: M 1 Homework A-Graded Question 6, SM1-7 (simil... Part 1 of 2 HW Score: 63.2%, 53.09 of 84 points O Points: 0 of 10 Consider the following partially completed income statements for merchandising companies and compute the missing amounts: E: (Click the icon to view the Income Statements.) Rustic Gear $ 101,000 Data Table Net Sales Revenue Cost of Goods Sold: Beginning Merchandise Inventory Purchases and Freight In Cost of Goods Available for Sale Ending Merchandise Inventory 48.000 Rustic Gear Boswell, Inc. (1,900) Net Sales Revenue S 101,000 S (d) Cost of Goods Sold 64,000 Gross Profit 37,000 30.000 Selling and Administrative Expenses Cost of Goods Sold: Beginning Merchandise Inventory Purchases and Freight In Cost of Goods Available for Sale (a) 48,000 $ 14.000 (e) Operating Income (b) (1,900) 92,000 (1,900) 64,000 0 37,000 110,000 Ending Merchandise Inventory Cost of Goods Sold Gross Profit Selling and Administrative Expenses Operating Income (c) 14,000 86,000 $ (9) $ Print Done