b. Calculate the grss E5.14 (LO 5), AN The following financial information is presented for three different companies. Bast Grocery Corr Wholesalers Allen Cosmetics $90,000 $ (e) $122,000 Sales revenue (a) 5,000 Sales returns and allowances 12,000 86,000 95,000 (i) Net sales 56,000 (f) Cost of goods sold () (b) 38,000 24,000 Gross profit 15,000 Operating expenses (g) 18,000 Income from operations (c) (h) (k) Other expenses and losses 4,000 7,000 (1) Net income (d) 11,000 5,000