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Perez Company has the following account balances, extracted from its multiple-step income statement for the current year. Required: Compute the missing amounts. S 121.100 Sales

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Perez Company has the following account balances, extracted from its multiple-step income statement for the current year. Required: Compute the missing amounts. S 121.100 Sales Sales Returns and Allowances Sales Discounts Net Sales Cost of Goods Sold 0 4,000 48.900 64,900 Gross Profit Selling Expenses General and Administrative Expenses 12,300 Total Operating Expenses 21.900 0 Net Income

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