Sales revenue Sales returns and allowances Net sales Cost of goods sold Gross profit Operating expenses Income from operations Other expenses and losses Net income Ivanhoe Cosmetics $93,500 87,600 55.500 18.000 3.400 (a) (b) O (d) Sarasota Grocery 5,110 96,900 40,600 7.300 11.800 (e) (f) 09 (h) Metlock Wholesaler $129,800 12,800 26,100 18.400 4.600