on to view the preliminary income statement) ermined that the current replacement cost of ending merchandise inventory is $19,500 Cost is $24.000 em Journaled Requrements - Xo not require a . X Data Table elect "No 1. Journalize the adjusting entry for merchandise inventory if any is required 2. Prepare a revised partial income statement to show how Nutriset Foods Nutriset Foods Income Statement (Partial) Year Ended March 31, 2019 31 should report sales, cost of goods sold, and gross profit 5 118,000 47,000 s 71,000 Print Done Cost of Goods Sold 2. Prepare a revised partial income statement to show how Nutriset Foods should reoort sales cos Gross Proft Nutriset Foods Print Done Statement ( any list or enter any number in the input fields and then continue to the next