Data table Net Sales Revenue Cost of Goods Sold: Beginning Merchandise Inventory Plus: Net Cost of Inventory Purchased 2025 2024 $ 205,000 $ 167,000 2023 $ 174,000 $ 21,000 $ 24,000 42,000 132,000 106,000 92,000 Cost of Goods Available for Sale 153,000 130,000 134,000 Less: Ending Merchandise Inventory 33,000 21,000 24,000 Cost of Goods Sold 120,000 109,000 110,000 Gross Profit Operating Expenses Net Income 85,000 58,000 64,000 58,000 28,000 28,000 27,000 $ 30,000 $ 36,000 Print Done X