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Requirement 1. Supply the missing income statement amounts for each of the companies. Gross Company Profit Beginning Net Ending Cost of Net Sales Inventory Purchases
Requirement 1. Supply the missing income statement amounts for each of the companies. Gross Company Profit Beginning Net Ending Cost of Net Sales Inventory Purchases Inventory Goods Sold 100,000 $ 20,000 $ 59,000 $ 16,000 $ 63,000 $ 125,000 28,000 59000 45,000 48000 Sutherland $ 37,000 Crossen 52,000 Data Table - Net Cost of Gross Beginning Inventory Ending Inventory Net Sales Purchases Goods Sold Profit Company Sutherland $ 100,000 $ 20,000 $ 59,000 $ 16,000 (a) (b) 52,000 Crossen 125,000 28,000 (c) 45,000 (d) Williams (e) 52,000 20,000 60,000 36,000 (0) 7,000 Scott 88,000 29,000 (9) 33,000 (h) Print Done
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