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Supply the missing dollar amounts for the 2017 statement of earnings of Ultimate Style Company for each of the following independent cases: Case A Case
Supply the missing dollar amounts for the 2017 statement of earnings of Ultimate Style Company for each of the following independent cases:
Case A Case B Case C Case D Case E
Sales Revenue 1260 1060 770 ?? ?? Selling expense ?? 204 134 454 304 cost of sales ?? 560 ?? 590 490 Income tax expense ?? 120 74 130 48 Gross profit 670 ?? ?? ?? 620 Earnings before income tax 326 198 ?? 316 ?? Administrative expense 240 ?? 114 190 170 Net Earnings 242 ?? 68 ?? 98
can you please show how you came up with each value
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