On the basis of the accounts listed below, calculate a. Net sales b. Cost of goods sold (after adjustment) c. Gross profit 1A-1. d. Net income Accounts Payable $6,000 Operating Expenses 2,000 J. Jensen, Capital 19,400 Cost of Goods Sold 4,137 Ending Inventory, December 31, 2019 1,250 Sales 10,210 Accounts Receivable 1,489 Cash 756 Sales Returns and Allowances 275 Physical Count of Inventory December 31, 2019 1,200 Sales Discount 394