Metlock Grouper Corr Wholesalers Sales revenue $97,100 (e) $125,900 $ Sales returns and allowances (a 5,310 14,000 Net sales 87,400 97,300 (i) Cost of goods sold 56,400 (f) G) Gross profit (b) 41,700 25,100 Operating expenses 19,700 (9) 18,400 Income from operations (c) (h) (k) Other expenses and losses 3,200 7,300 (1) Net income (d) 12,600 4,800