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Please answer all parts! Consider the data of the following companies which use the periodic inventory systern: (Click the icon to view the data.) Read
Please answer all parts!
Consider the data of the following companies which use the periodic inventory systern: (Click the icon to view the data.) Read the requirements. . Requirement 1. Supply the missing amounts for each of the following companies: - X Requirements Cost of Beginning Net Cost of Ending Net Sales Merchandise Inventory Merchandise Revenue Inventory Purchased Inventory S 100,000 $ 22.000 $ 61,000 $ 17,000 Goods Sold Company Banana Gross Profit 34.000 S 1. Supply the missing amounts in the preceding table. 2. Prepare the income statement for the year ended December 31, 2025, for Banana Company, which uses the periodic inventory system. Include a complele heading, and show the full computation of cost of goods sold. Banana's operating expenses for the year were $9,000. Data Table Print Done Company Beginning Net Cost of Ending Net Sales Merchandise Inventory Merchandise Revenue Inventory Purchased Inventory $ 100,000 $ 22.000 S 61,000 $ 17,000 (b) 24.000 95,000 (c) 95,000 (d) 54,000 19,000 86,000 8.500 (1) 8,000 Cost of Goods Sold Gross Profit (a) $ 34,000 91,000 42,000 Banana Cherry Apple Pear 64,000 (9) 50,000 Print Dono Print DoneStep by Step Solution
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