Help Chapter 4 Kleiner Merchandising Company Mosulated depreciation 2.000 Beginning inventory Ending Inventory Expenses Net Purchases Net Sales 13,500 Skipped Krag Service Company Prepaid rent Mecounts payable Required: a. Compute gross profit, the goods available for sale, and the cost of goods sold for the merchandiser. Hint. Not all information may be necessary b. Use the above information from a service company and from a merchandiser to compute net income. Goods available for sale Cost of goods sold Gross profe Not income for Krug Service Company Net Income for Kleiner Merchandising Company