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Presented here are the components in Sheridan Companys income statement. Determine the missing amounts. Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses Net

Presented here are the components in Sheridan Companys income statement. Determine the missing amounts.

Sales Revenue

Cost of Goods Sold

Gross Profit

Operating Expenses

Net Income

Year 1

$ 74,640 $Enter a dollar amount for year 1 (b) $ 31,300 $Enter a dollar amount for year 1 (d) $13,940

Year 2

$109,800 $73,200 $Enter a dollar amount for year 2 (c) $Enter a dollar amount for year 2 (e) $30,340

Year 3

$Enter a dollar amount for year 3 (a) $74,560 $110,510 $48,080 $Enter a total net income for year 3 (f)

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