4 11 points Skipped Saved Use the following information (in random order) from a merchandising company and from a service company Hchell Merchandising Company Accumulated depreciation $700 Beginning inventory 7,000 Ending inventory 2,500 Expenses 1,650 Net purchases 7,100 Net sales 13,500 Keug Service Company Help Save & Exit Submit Check my work eBook Hint ALA Expenses Revenues Cash Prepaid rent Accounts payable Equipment $7,000 10,000 550 620 200 1,600 a. Compute the goods available for sale, the cost of goods sold and gross profit for the merchandiser Hine Not all entomation may be necessary b. Compute net income for each company a. Goods available for sale i a. Cost of goods sold Gross profi b. Net income for Krug Service Company Net income for Motiek Merchandising Company