Use the following information $($given in alphabetical order$)$ to compute what is asked. Keep in mind that there will be some information that is given to you that is NOT needed for the required computation.

Problem $1$

$($for service company$)$

roblem $2$

for merchandising company$)$

$\backslash$table$[[$Accumulated Dep'n,$1,400],[$Expenses$,12,400],[$Revenues$,28,300],[$Withdrawals$,2,700]]$

$\backslash$table$[[$Accounts Receivable,$1,800],[$Beginning Inventory,$4,800],[$Capital$,490],[$Ending Inventory,$2,750],[$Operation Expenses,$620],[$Purchases$,12,200],[$Sales$,19,700],[$Withdrawals$,700],[$Accumulated Dep'n,$3,800]]$

Net Income $=$

Gross Profit $=$

Net Income $=$

Cost of Goods Sold $=$