the following partially completed income statements for merchandising companies and compute the EE (Click the icon to view the Income Statements.) Jones, Inc. Corrigan, Inc. Sales $ 99,000 50,000 Cost of Goods Sold: Beginning Merchandise Inventory Purchases and Freight in Cost of Goods Available for Sale Ending Merchandise Inventory Cost of Goods Sold 29,000 I 92,000 (2.100) (2,100) 63,000 36,000 Gross Profit 115,000 86,000 Selling and Administrative Expenses $ 13,000 Operating Income Companies and compute the missing amounts: i Data Table x Jones, Inc. Corrigan, Inc. (d) 99,000 (a) 50,000 29,000 (0) Sales Cost of Goods Sold: Beginning Merchandise Inventory Purchases and Freght in Cost of Goods Available for Sale Ending Merchandise Inventory Cost of Goods Sold Gross Profit Selling and Administrative Expenses (b) (2,100) 92,000 (2,100) 63,000 (0 36,000 115,000 (c) 13,000 86,000 (g) Operating Income $