V Griffin Company has the following account balances, extracted from its multiple-step income statement for the current year. Required: Compute the missing amounts. Sales Sales Returns and Allowances 2,800 Sales Discounts 4,300 Net Sales 116,000 Cost of Goods Sold 45,100 Gross Profit Selling Expenses 9,000 General and Administrative Expenses 0 Total Operating Expenses 0 Net Income 50,100