O MERCHANDISING ACCOUNTING Parts of the retail income statement Edwards Company has the following account balances, extracted from its multiple-step income statement for the current year. Required: Compute the missing amounts. Sales $ 105,000 3,300 Sales Returns and Allowances Sales Discounts 2,600 Net Sales Cost of Goods Sold Gross Profit 48,100 11.200 12,200 Selling Expenses General and Administrative Expenses Total Operating Expenses Net Income B 0