Kleiner Merchandising Company Accumulated depreciation $ 700 Beginning inventory 10,000 Ending Inventory 6,000 Expenses 1,950 Net Purchases 11,900 Net Sales 19,500 Krug Service Company Expenses $ 8,400 Revenues 24,000 Cash 650 Prepaid rent 660 Accounts payable 200 Equipment 2,200 Required: a. Compute the goods available for sale, and the cost of goods sold and gross profit 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. a. Goods available for sale Cost of goods sold Gross profit Net income for Krug Service Company Net income for Kleiner Merchandising Company . b