Acc280 Financial Accounting: BE5-1 Presented below are the components in Waegelain Company

Acc280 Financial Accounting

BE5-1
Presented below are the components in Waegelain Company's income statement. Determine the missing amounts.
Sales Cost of Gross Profit Operating
Goods Sold Expenses Net Income
(a) $75,000 $30,000 $10,800
(b) $108,000 $70,000 $29,500
(c) $71,900 $79,600 $39,500
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