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Part 1 of 2 O Points: 0 of 10 Consider the following partially completed income statements for merchandising companies and compute the missing amounts: Click

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Part 1 of 2 O Points: 0 of 10 Consider the following partially completed income statements for merchandising companies and compute the missing amounts: Click the icon to view the Income Statements.) Net Sales Revenue Fit Apparel 102,000 $ Cost of Goods Sold: 52,000 Beginning Merchandise Inventory Purchases and Freight in Cost of Goods Available for Sale Ending Merchandise Inventory Cost of Goods Sold Gross Profit Selling and Administrative Expenses (2,400) 59,000 43,000 Operating Income 14,000 Data table Fit Apparel Corrigan, Inc. $ 102,000 $ (d) Net Sales Revenue Cost of Goods Sold: Beginning Merchandise Inventory (a) 52,000 28,000 (e) Purchases and Freight In Cost of Goods Available for Sale (b) (2,400) 88,000 (2,400) Ending Merchandise Inventory Cost of Goods Sold 59,000 43,000 (0) 116,000 Gross Profit Selling and Administrative Expenses 85,000 (c) 14,000 $ Operating Income $ (9)

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