Month Ended June 30, 2024 Net Sales Revenue 470000 Cost of Goods Sold: Beginning Finished Goods Inventory $ 115,000 Cost of Goods Sold Cost of Goods Available for Sale Ending Finished Goods Inventory (65000) Cost of Goods Sold 223,000 Gross Profit 247,000 Selling and Administrative Expenses Selling Expenses 94,000 Administrative Expenses 64000 Total Selling and Administrative Expenses 158,000 Operating 89000 Income