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Question Help Allon, Inc. 510) S18-7 (book/static) Consider the following partially completed income statements for merchandising companies and compute the missing amounts: (Click the icon

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Question Help Allon, Inc. 510) S18-7 (book/static) Consider the following partially completed income statements for merchandising companies and compute the missing amounts: (Click the icon to view the income Statements) Data Table Smith, Inc. Net Sales Revenue 101.000 Cost of Goods Sold: Smith, Ine. Beginning Merchandise Inventory Net Sales Revenue $ 101.000 Purchases and Freight in 50,000 Cost of Goods Sold Cost of Goods Available for Sale Beginning Merchandise Inventory (a 50,000 Ending Merchandise inventory (2.2001 Purchases and Freight in Cost of Goods Sold 61.000 Cost of Goods Avaliable for Sale (2.2001 Gross Profit 40,000 Ending Merchandise Inventory 61.000 Selling and Administrative Experts Cost of Goods Sold $ 12.000 40,000 Gross Profit Operating Income Selling and Administrative Expenses $ 12 000 Operating Income 20.000 9.00 12.2001 09 114.00 34000 Print Done Enter any number in the cit fields and monclick. Check MacBook Pro

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