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supply the missing dollar amounts for the income statement for each of the following 555615

Inferring Missing Amounts Based on Income Statement Relationships – Supply the missing dollar amounts for the income statement for each of the following independent cases.

Case A

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Case B

Case C

Net sales revenue

$7,500

$ ?

$6,000

Beginning inventory

$11,200

$6,500

$4,000

Purchases

5,000

?

9,500

Goods available for sale

?

15,050

13,500

Ending inventory

10,200

11,050

?

Cost of goods sold

?

?

4,500

Gross profit

?

1,500

?

Expenses

400

?

700

Pretax income

$1,100

($400)

$800

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