Presented here are the components in Korinek Company”s income statement. Determine the missing amounts.
|
Sales |
Cost of |
Gross |
Operating |
Net |
|
Revenue |
Goods Sold |
Profit |
Expenses |
Income |
|
$71,200 |
(b) |
$30,000 |
(d) |
$12,100 |
|
$108,000 |
$70,000 |
(c) |
(e) |
$29,500 |
|
(a) |
$71,900 |
$109,600 |
$46,200 |
(f ) |