Lady bera etat chan specializing in salon quality hair care products. During the year, Lady Barber had sales of $39.060,000 The company began the year with $3,100,000 of merchandise inventory and ended the year w $115,000 of mentory During the year, Lady Barber purchased 324,215,000 of merchandise inventory. The company's selling, umeral, and adminstrative expenses totaled $6.850.000 Nov ter year Prepare Lady Barber's income stateme Lady Barber Income Statement For the Year Ended: Sales reveries 39050000 Less Cent of goods so 24215000 Cross profe Less Operating expenses 6850000 Dincome