Review the income statement data for each of the following companies: Click the icon to view the data) Read the requirements Gross Profit Requirement 1. Supply the missing income statement amounts for each of the companies Beginning Net Ending Cost of Company Net Sales Inventory Purchases Inventory Goods Sold Lane $ 107,000 $ 21,000 $ 66,000 $ 19,000 Donahue 137,000 31,000 30,000 Cox 53,000 25,000 63,000 Paulus 89,000 15,000 28,000 38.000 43,000 29,000 Requirement 2. Prepare the income statement for Lane Company for the year ended December 31, 2021. Use the cost-of-goods-sold model to computo cost of income tax Lane Company Income Statement Year Ended December 31, 2021 Cost of goods sold: *** amd Data Table x anind mtory 21.0 31.4 Gross Profit Company Lane 15,9 Beginning Net Ending Cost of Net Sales Inventory Purchases Inventory Goods Sold $ 107,000 $ 21,000 $ 66,000 $ 19,000 (a) 137,000 31,000 (C) 30,000 (d) (e) ( 53,000 25,000 63,000 89,000 15,000 28,000 (9) 38,000 Donahue ane C (b) 43,000 29,000 (h) Cox ing Paulus Print Done HE Gross Profit 43,000 29,000 se the cost-of-goods-sold model to compute cost of goods sold. Lane's operating and other expenses for the year were 538,000. ignaru