Derive missing amounts in income statements

Compute missing amounts in determining net income.

Presented below are the components in Clearwater Company's income statement. Determine the missing amounts.
Sales Cost of Goods Sold Gross Profit Operating Expenses Net Income
$75,000 ? $28,600 ? $10,800
$108,000 $70,000 ? ? $29,500
? $71,900 $99,600 $39,500 ?

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