Data Table Laura's Bakery Corrigan, Inc. Net Sales Revenue 102,000 Cost of Goods Sold: Laura's BakeryCorrigan, Inc. Beginning Merchandise Inventory Purchases and Freight In Cost of Goods Available for Sale Ending Merchandise Inventory Cost of Goods Sold 29,000 Net Sales Revenue 102,000 $ 51,000 Cost of Goods Sold: 87,000 Beginning Merchandise Inventory Purchases and Freight In Cost of Goods Available for Sale Ending Merchandise Inventory Cost of Goods Sold 29,000 (2,100) 58,000 44,000 (2,100) 51,000 87,000 (2,100) Gross Profit Selling and Administrative Expenses Operating Income 111,000 87,000 (2,100) 58,000 44,000 Gross Profit Selling and Administrative Expenses Operating Income 111,000 87,000 10,000 PrintDone