15. The following information was taken from the 2015 income statement of Milburn Company: Pretax income, $12,000; Total operating expenses (not including income taxes), $20,000; Sales revenue, $120,000; Beginning inventory, $8,000; and Purchases, $90,000. Required: The dollar amount of the 2015 ending inventory that would appear in the balance sheet is $ 16. Richmond Company had the following information taken from its 2015 adjusted trial balance Sales, $200,000; Sales Discounts, $4,000; Beginning Inventory, $10,000; and Purchases, $140,000. A physical count of the merchandise on hand at the end of the year showed $20,000. Required: The amount of the gross profit that would appear in the income statement of the company for 2015 is S