Brief Exercise 5-2 Presented below are the components in Gates Companys income statement. Determine the missing amounts.
Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses Net Income
(a) $75,400 $ _____________ $34,900 $_____________ $16,800
(b) $108,300 $71,200 $_______ $___________ $25,200
(c) $________ $76,600 $80,100 $39,800 $_______
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