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Required information

$[$The following information applies to the questions displayed below.$]$

Income statement and balance sheet data for The Athletic Attic are provided below.

$\backslash$table$[[\backslash$table$[[$THE ATHLETIC ATTIC$],[$Income Statements$]],4,],[,2025,2024,],[$Net sales,$$10,680,000,9,100,000,],[$Cost of goods sold,$6,980,000,5,600,000,,],[$Gross profit,$3,700,000,3,500,000,,],[$Expenses:$],[\backslash$table$[[$Operating expenses$],[$Depreciation expense$]],\backslash$table$[[1,620,000$