Beavercreek Company sold 14.000 jars of its organic honey in the most current year for $15 per jar. The company had paid $10.50 per jar of honey. Assume that sales returns are nonexistent.) Calculate the following: 1. Sales revenue 2. Cost of goods sold 3. Gross profit 1. The sales revenue is 2. The cost of goods sold is 3. The gross profit is Marshall Company made total purchases of $260,000 in the most current year. It paid freight in of $3,500 on its purchases. Freight out, the cost to deliver the merchandise when it was sold to Marshall's customers, totaled $7,500. Of the total purchases Marshall made during the period, it returned $25,500 of the merchandise, Marshall took advantage of $2,800 of purchase discounts offered by its vendors. What was Marshall's cost of inventory? Marshall's cost of inventory is