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Review the income statement data for each of the following companies: (Click the icon to view the data.) Read the requirements. Requirement 1. Supply
Review the income statement data for each of the following companies: (Click the icon to view the data.) Read the requirements. Requirement 1. Supply the missing income statement amounts for each of the companies. Company Fisher Net Sales Beginning Inventory Net Purchases Ending Inventory Cost of Gross Goods Sold Profit $ 106,000 $ 23,000 $ 62,000 $ 18,000 Requirements 1. Supply the missing income statement amounts for each of the companies. 2. Prepare the income statement for Fisher Company for the year ended December 31, 2021. Use the cost-of-goods-sold model to compute cost of goods sold. Fisher's operating and other expenses for the year were $38,000. Ignore income tax. Print Done Data table Beginning Company Net Sales Fisher $ Evans Liard Matthews 106,000 $ 137,000 (e) 81,000 Inventory 23,000 $ Net Purchases Ending Cost of Gross Inventory Goods Sold Profit 62,000 $ 18,000 (b) 34,000 (c) 33,000 (d) 47,000 (f) 59,000 23,000 62,000 36,000 12,000 31,000 (g) 38,000 (h) Print Done - X
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