Presented below are the components in Miller Company’s income statement. Determine the missing amounts.
|
Sales |
Cost of |
Gross |
Operating |
Net |
|
Revenue |
Goods Sold |
Profit |
Expenses |
Income |
|
(a) $75,000 |
? |
$30,000 |
? |
$10,800 |
|
(b) $108,000 |
$70,000 |
? |
? |
$29,500 |
|
(c) ? |
$83,900 |
$79,600 |
$39,500 |
? |