Bharat Curry Foods (BCF) prepares and sells frozen curry dinners. The company reported the following operating results for 2021, in which there were no inventories of dinners at the beginning and end of the year: BHARAT CURRY FOODS Income Statement For the Year Ended December 31, 2021 Sales $ 960,000 Cost of goods sold 554,000 Gross margin 406,000 Selling and administrative expenses 259,000 Operating income $ 147,000 BCF sells two types of curry foodschicken and lamband operates