clark inc sold merchandise originall costing $35 for a price of 50$ to the customer. what happens when clark sells inventory for cash?

please answwer

Clark Inc. sold merchandise originally costing $35 for a price of $50 to the customer (customer paid cash). What happens when Clark sells the inventory for cash? Cash Increases, Revenue Increases, Cost of Goods Sold Decreases, Inventory Decreases Cash Increases, Revenue Decreases, Cost of Goods Sold Increases, Inventory Decreases Cash Increases, Revenue Decreases, Cost of Goods Sold Increases, Inventory Decreases Cash Decreases, Revenue Increases, Cost of Goods Sold Increases, Inventory Decreases Cash Increases, Revenue Increases, Cost of Goods Sold Increases, Inventory Decreases