Sales...... Cost of goods sold Merchandise inventory, beginning.. Total cost of merchandise purchases.... Merchandise Inventory, ending. Cost of goods sold Gross profit Expenses.. Net Income (loss).. a $62,000 $43,500 8,000 38,000 ? 34,050 ? 10,000 b $ ? 17,050 ? 3,000 16,000 ? 10,650 $16,850 C $55,000 7,500 9,000 ? 12,750 12,150 $ 600 d $ ? 8,000 32,000 6,600 ? 45,600 3,600 $42,000 e $25,600 4,560 6,600 7,000 ? 6,000 $ ?

\begin{tabular}{|c|c|c|c|c|c|} \hline & a & b & c & d & e \\ \hline Sales........... & $62,000 & $43,500 & $55,000 & $? & $25,600 \\ \hline \multicolumn{6}{|l|}{ Cost of goods sold } \\ \hline Merchandlse inventory, beginning. ........ & 8,000 & 17,050 & 7,500 & 8,000 & 4,560 \\ \hline Total cost of merchandise purchases...... & 38,000 & ? & ? & 32,000 & 6,600 \\ \hline Merchandise inventory, ending . & ? & 3,000 & 9,000 & 6,600 & ? \\ \hline Cost of goods sold. & 34,050 & 16,000 & ? & ? & 7,000 \\ \hline Gross profit ....... & ? & ? & 12,750 & 45,600 & ? \\ \hline Expenses........ & 10,000 & 10,650 & 12,150 & 3,600 & 6.000 \\ \hline Net Income (loss) ........... & \$? & $16,850 & $600 & $42,000 & $? \\ \hline \end{tabular}