R2 - X fx BCD H I J K L M Kingbird, Inc. operates a retail operation that purchases and sells snowmobiles, among other outdoor products. The company purchases all inventory on credit and uses a periodic inventory system. The Accounts Payable account is used for recording inventory purchases only; all other current liabilities are accrued in separate accounts. You are provided with the following selected information for the fiscal years 2020 through 2023, 1 inclusive. 2 Calculate the missing amounts. 2021 2022 2023 $71,000 ar amount (a) 50,410 46,860 at income (b) amount (e) 20.800 45.560 amount $2,600 4 Income Statement Data 5 Sales revenue 6 Cost of goods sold 7 Gross profit 8 Operating expenses 9 Net income 10 Balance Sheet Data 11 Inventory 12 Accounts payable 13 Additional Information Purchases of inventory on 14 account $62,000 20,400 ir amount (i) 38,400 at income Gi) $10,400 4,500 ramount (c) 5,200 $10,800 3,300 ramount [k] ir amount (0) 19,390 amount $17,550 2023 Income Statement Data nd Sales revenue $71,000 Senter a dollar amoune fey $62,000 Cost of goods sold enter a dollar amount 20,800 20,400 iodic Gross profit 50,410 enter a dollar 45,560 or amount Operating 46,860 enter a dollar amount 38,400 lities he rough Net income Senter a total Senter a total net income $ 2,600 net income Balance Sheet Data Inventory $10,400 Senter a dollard Senter a dollar $10,800 amount amount Accounts 4,500 5,200 3,300 enter a dollar amount Additional Information Purchases of inventory on account 19,390 Senter a dollar amour $17,550 Cash payments to suppliers enter a dollar enter a dollar amount amount 18,050 Inco State Data Sales Cost sold Gross Kingbird, Inc. operates a retail operation that purchases and sells snowmobiles, among other outdoor products. The company purchases all inventory on credit and uses a periodic inventory system. The Accounts Payable account is used for recording inventory purchases only; all other current liabilities are accrued in separate accounts. You are provided with the following selected information for the fiscal years 2020 through Balan 2023, inclusive. Opera exper Net in Data Invent (a) Calculate the missing amounts. Accou paya Addit Inform Purcha account