1 3 G Name: SHERIFF'S Your score 0% The Sheriff'S Company began operations in 2023. Its comparative income statements and balance sheets follow. Use a formula to calculate the ratios below. The AVERAGE formula must be used in any ratios using average accounts receivable, average inventory or average total assets. 4 3 6 7 8 9. 10 Net sales 11 Cost of goods sold 12 Gross margin 13 Operating expenses 14 Net income 15 76 17 18 19 20 2026 $288,000 138,000 Sheriff's Company Comparative Income Statements For Years Ended December 31, 2026-2023 2025 $258,000 209,000 2024 $223,000 2023 $159,000 141,000 129,000 150,000 49,000 82,000 30,000 71,000 23,000 39,000 14,000 $79,000 $26,000 $43,000 $16,000 Sheriff's Company Comparative Balance Sheets For Years Ended December 31, 2026-2023 2026 Ann AAA 2025 2024 2023 H