V Rivera Company has the following account balances, extracted from its multiple-step income statement for the current year. Required: Compute the missing amounts. Sales $ 119,100 Sales Returns and Allowances Sales Discounts 4,700 Net Sales Cost of Goods Sold 48,500 Gross Profit 62,300 Selling Expenses General and Administrative Expenses 8,700 Total Operating Expenses 17,600 Net Income