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ACCT 2301 Using your accounting knowledge, find the missing amounts in the following separate income statements a through e. (Amounts to be deducted should be indicated with a minus sign. Omit the \"$\" sign in your response.)

 

                                                                                a              b                            c                              d                             e

  Sales                                                    $60,000                 $42,500 $36,000                $                     $23,600  

  Cost of goods sold                                                                                                                                                         Merchandise inventory (beginning)6,000               17,050                  7,500                   7,000               2,560   

Total cost of merchandise purchases36,000                                                                         32,000             5,600  

Merchandise inventory (ending)                                             (2,700    )              (9,000   )              (6,600   )                                

Cost of goods sold                           34,050                   15,900                                                                            5,600   Gross profit                                                                                                    3,750                     45,600                                     

Expenses                                            9,000                     10,650                   12,150                  2,600             6,000  

Net income (loss)            $                                              $15,950 $(8,400)               $43,000      $           

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