Company C Company A 277,000 Company B $348,000 Sales revenue $ $540,000 Beginning nventory 51,600 75,700 85,000 Net purchases 192,200 256,200 408,000 51,100 115,900 56,600 Ending nventory Cost of goods sold Gross profit 192,700 216,000 436,400 84,300 132,000 103,600 261,800 50,700 49,200 Operating expenses ncome before caxes 15,200 297,300 490,800