Selected information from the income measurement process for a service company and a merchandising company is shown below.

(a)

Determine the missing amounts.

Company

Sales or

Service

Revenue

Cost of Goods

Sold

Gross

Profit

Operating

Expenses

Income before

Income Tax

A

$114

N/A

N/A

$82

$

B

114

58

32

Operating

Expenses

Income before

Income Tax

Income Tax

Expense

Net Income

$82

$8

32

24