Presented here are the components in Sheridan Companys income statement. Determine the missing amounts. ...
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Accounting
Presented here are the components in Sheridan Companys income statement. Determine the missing amounts.
| Sales Revenue | Cost of Goods Sold | Gross Profit | Operating Expenses | Net Income | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year 1 | $ 74,640 | $Enter a dollar amount for year 1 | (b) | $ 31,300 | $Enter a dollar amount for year 1 | (d) | $13,940 | ||||||||
| Year 2 | $109,800 | $73,200 | $Enter a dollar amount for year 2 | (c) | $Enter a dollar amount for year 2 | (e) | $30,340 | ||||||||
| Year 3 | $Enter a dollar amount for year 3 | (a) | $74,560 | $110,510 | $48,080 | $Enter a total net income for year 3 | (f) |
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