Part $2$

QS $5-1$ Components of income for a merchandiser LO$1$

Referring to the format presented in Exhibit $5\mathrm{.}2,$ calculate gross profit and the profit or loss for each of the following.

$\backslash$table$[[,$A$,$B$,$c$,$D$,$E$],[$Net sales.,$$14,000,$$$102,000,$$$68,000,$$$540,600,$$$398,000$