Peters Brush Company sells standard hair brushes. The following information summarizes Peters's operating activities for 2018: (Click the icon to view the information.) Requirements 1. Calculate the operating income for 2018. 2. Peters sold 5,400 brushes in 2018. Compu Data Table Requirement 1. Calculate the operating inco Peters Brush Co Income Stater Selling and Administrative Expenses 46,656 Year Ended Decemb Purchases 64,800 Revenue Net Sales Revenue 129,600 Net Sales Revenue Merchandise Inventory, January 1, 2018 6,480 Cost of Goods Sold: Merchandise Inventory, December 31, 2018 1,296 Beginning Merchandise Inventor Purchases Print Done Cost of Goods Available for Sale Ending Merchandise Inventory (1296 The following information summarizes Peters's operating activities for 2018: Peters Brush Company sells standard hair brushes. Click the icon to view the information.) Requirements 1. Calculate the operating income for 2018. 2. Peters sold 5,400 brushes in 2018. Compute the unit cost for one brush income statement Year Ended December 31, 2018 Revenue: Net Sales Revenue 129600 Cost of Goods Sold: Beginning Merchandise Inventory 129600 64800 Purchases Cost of Goods Available for Sale 85560 (1296) Ending Merchandise Inventory 84264 Cost of Goods Sold Gross Profit Selling and Administrative Expenses Operating Income