1.	Supply the missing amounts in the preceding table.
2.	Prepare the income statement for the year ended December 31,2017, for Banana Company, which uses the periodic inventory system. Include a complete heading, and show the full computation of cost of goods sold. Banana's operating expenses for the year were $8,000.

Beginning Ending Net Sales Merchandise Net Cost of Merchandise Cost of Gross Company Revenue Inventory Purchases Inventory Goods Sold Profit Banana $ 101,000 S 21,000 S 63,000 S 19,000 (a) $ 36,000 Cherry (b) 24,000 97,000 (c) 95,000 47,000 Apple 90,000 (d) 54,000 21,000 67,000 (e) Pear 79,000 12,000 (f) 5,000 (g) 45,000