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Review the income statement data for each of the following companies: (Click the icon to view the data.) - Data table Read the requirements Cost
Review the income statement data for each of the following companies: (Click the icon to view the data.) - Data table Read the requirements Cost of Gross Profit Goods Sold Requirement 1. Supply the missing income statement amounts for each of the companies. Company Dunn ( (b) Beginning Net Ending Net Sales Inventory Purchases Inventory $ 107,000 $ 21,000 $ 61,000 $ 18,000 134,000 32,000 (C) 35,000 (e) (1) 57,000 26,000 82,000 8,000 34,000 (9) Cost of Gross Adams 40,000 (a) (d) 67,000 34,000 Beginning Net Ending Net Sales Inventory Purchases Inventory 107,000 $ 21,000 $ 61,000 $ 18,000 Goods Sold Profit Hartt Company Dunn 28,000 $ Thomas (h) Print Done Requirements 1. Supply the missing income statement amounts for each of the companies. 2. Prepare the income statement for Dunn Company for the year ended December 31, 2021. Use the cost-of-goods-sold model to compute cost of goods sold. Dunn's operating and other expenses for the year were $40,000. Ignore income tax. Print Done
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