Presented here are the components in Wildhorse Co.’s income statement.
Determine the missing amounts.
Sales Revenue |
Cost of Goods Sold |
Gross Profit |
Operating Expenses |
Net Income |
|||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year 1 |
$ 74,640 | $ | (b) | $ 30,600 | $ | (d) | $12,140 | ||||||||
Year 2 |
$108,600 | $72,600 | $ | (c) | $ | (e) | $30,530 | ||||||||
Year 3 |
$ | (a) | $75,410 | $111,280 | $48,930 | $ | (f) |
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