ACCOUNTING 3100 Baker Company has the following account balances

Baker Company has the following account balances, extracted from its multiple-step income statement for the current year.Compute the missing amounts.Sales ?Sales returns and allowances 3000Sales Discounts 4900 Net sales 104,700Cost of goods sold 58,300Gross Profit ?Selling Expense 9000General and administrative expense ?Total operating Expense ?Net Income 25, 800

 

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