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I cannot figure it out my mistake for Merchandise inventory (ending)
6 Safari File Edit view History Bookmarks windaw Help 9 L2 ’é‘ 27%03- Thu11:07PM q o O O O < l > El] Enewconneottmneducatiuntcom £1 .31 heck my work mode shows wha 5 correct or ncorrect for the work you have completed so fart It does not Return to question Exercise 4-1 Computing revenues. expenses, and income LO C1 25 Using your accounting knowledge. find the missing amounts in the following separate income statements (Amounts to be deductedpoints should be indicated by a minus sign.)6 Answer Is complete but not entirely torrent.Sales $ 62,000 $ 43.500 3 46.000 3 79.000 0 25.600Cost oi goods soldMerchandise inventorybe inning) 8.000 17.050 7.500 3.000 4.560Total cost of merchandisepmhases 38,000 1,950 9 43.750 9 32.000 6.600Merchandise inventory (ending) 11.950 0 (3.000) (9.000) (6,600) 4.160 °Cost oi goods sold 34,050 16.000 42.250 9 33.400 9 7.000Gross profit 27,950 9 27.500 0 3.750 45.500 18.500 9Expenses 10,000 10,650 12,150 3,600 6,000Net income (loss) $ 17,950 9 $ 16,850 $ (8.400) $ 42.000 3 12.600 9 ( Prev 2 of 4 Next )