1 3.33 oints eBook Use the following information (in random order) from a merchandising company and from a service company. McNeil Merchandising Company Accumulated depreciation Beginning inventory Ending inventory Expenses Net purchases Net sales Krug Service Company $ 700 13,500 8,100 2,300 17,500 26,500 Expenses Revenues Cash $ 10,500 31,000 850 Hint Print References Prepaid rent Accounts payable Equipment 600 200 2,800 a. Compute the goods available for sale, the cost of goods sold and gross profit for the merchandiser. Hint. Not all information may be necessary. b. Compute net income for each company. a. Goods available for sale a. Cost of goods sold a. Gross profit b. Net income for Krug Service Company b. Net income for McNeil Merchandising Company