Laura's Bakary S 102,000 Corrigan, InData Table Net Sales Revenue Cost of Goods Sold: Beginning Merchandise Inventory Purchases and Freight In Cost of Goods Available for Sale Ending Merchandise Inventory Cost of Goods Sold 29,000 Net Sales Revenue 102,000 S 51,000 87,000 29,000 (2,100) 58,000 44,000 Beginning Merchandise Inventory Purchases and Freight In Cost of Goods Available for Sale Ending Merchandise Inventory Cost of Goods Sold (2,100) 51,000 87,000 (2,100) Gross Proft Selling and Administrative Expenses Operating Income 111,000 87,000 (2,100) 58,000 44,000 10,000 Gross Profit Selling and Administrative Expenses Operating Income 11,000 87,000 10,000 S Print Done