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Fill in the missing amounts (indicated with question marks). Requirement 1. Fill in the missing amounts. Begin by compl Stingray Company Income Statement For the
Fill in the missing amounts (indicated with question marks). Requirement 1. Fill in the missing amounts. Begin by compl Stingray Company Income Statement For the Year Ended December 31, 2012 Sales.................. $ E N 625,000 Cost of goods sold Gross profit on sales. 265,000 S5 000 Administrative expenses Operating income Interest expense 9,000 76,400 Income tax expense de mine by 65,000 Net income Now fill in the missing amounts on the balance sheet Enter any number in the edit fields and then continue to t Save for Later Requirement Fill in the missing amounts (indicated with question marks). Interest expense...... 9,000 76,400 Income tax expense. Net income Now fill in the missing amounts on the balance sheet. Cash Stingray Company Balance Sheet At December 31, 2012 BER AK Accounts payable ... $ 14,000 Note payable 42,000 976,000 Contributed capital. . 14,000 10,100 Accounts receivable .. Inventory. Equipment.... 700,000 - Retained eamings 1,142,000 Total. Total....... Enter any number in the edit fields and then continue to the next question. Save for Later
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