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Salon Secrets is a retail chain specializing in salonquality haircare prtxiucts. During the year, Salon Secrets had sales of $33,350,000. The company began the year

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Salon Secrets is a retail chain specializing in salonquality haircare prtxiucts. During the year, Salon Secrets had sales of $33,350,000. The company began the year with $2.6?5,000 of merchandise inventory and ended the year with $3,455,000 of inventory. During the year, Salon Secrels purchased $22,535,000 of merchandise inventory. The compaan selling, general. and administrative expenses totaled $?,100.000 for the year. Prepare Salon Secrets income statement for the year. Begin by ellculating Salon Searels' ustof goods sold using the table below. Salon Secrets Calculation of Cost of Goods Sold For the Year Ended

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