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Requirement Fill in the missing amounts (indicated with question marks). Requirement 1. Fill in the missing amounts. Begin by completing the income statement. Stingray Company

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Requirement Fill in the missing amounts (indicated with question marks). Requirement 1. Fill in the missing amounts. Begin by completing the income statement. Stingray Company Income Statement For the Year Ended December 31, 2012 Sales Cost of goods sold Gross profit on sales. Administrative expenses Operating income Intrennt nunnnnn KANKA Inda $ 575.000 375,000 41,000 0.000 Sales. Cost of goods sold Gross profit on sales. Administrative expenses Operating income Interest expense Income tax expense Net income 375,000 41,000 9.000 97.500 Data table Stingray Company Income Statement For the Year Ended December 31, 2012 Sales. Cost of goods sold Gross profit on sales... N Administrative expenses Operating income Interest expense Income tax expense $ Print 575,000 ? 375,000 41,000 ? 9,000 97.500 Done Data table TYCE MCome Cash. Accounts receivable...... Inventory. Equipment.. Total Stingray Company Balance Sheet At December 31, 2012 $ $? Accounts payable 12,500 Note payable. 48,000 966,000 Contributed capital Retained earnings. 1,126,500 Total 59 $ 13,300 9,700 650,000 ? 2

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