Kleiner Merchandising Company Accumulated depreciation $ 700 Beginning inventory 13,500 Ending Inventory 8,109 Expenses 2,300 Net Purchases 17,500 Net Sales 26,500 Krug Service Company Expenses $ 10,500 Revenues 31,000 Cash 850 Prepaid rent 600 Accounts payable 200 Equipment 2,800 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. yanane av S A 14