A Portion of the Statement of Earnings for Sun Company

Essay

A portion of the statement of earnings for Sun Company is shown below. Provide the missing account titles and amounts. $$\begin{array} { | l | l | r | l | r | } \hline \text { A. } &\underline{\quad\quad}& { \$ 190,000 } & & \\\hline & \text { Sales discounts } & \$ 20,000 & & \\\hline & \text { Net sales } & & \text { B. } & \underline{\quad\quad}\\\hline & \text { Cost of goods sold } & & & \$ 100,000 \\\hline \text { C. } &\underline{\quad\quad} & & \text { D. } &\underline{\quad\quad} \\\hline\end{array}$$