OPERATING EXPENSES:

X

8500

39500

NET INCOME-

$9800

$29500

$40100

The following are the components in Veasy Company's income statement. Determine the missing amounts. (a) (b) (c) tA Sales Revenue $75,000 $108,000 163500 $ Cost of Goods Sold 45000 $70,000 $83,900 Gross Profit $28,000 38000 $79,600 $ $ Operating Expenses 19200 8500 $39,5