Use the following information (in random order) from a merchandising company and from a service company. Kleiner Merchandising Company Accumulated depreciation Beginning inventory Ending Inventory Expenses Net Purchases Net Sales $ 700 10,000 6,000 1,950 11,900 19,500 Krug Service Company Expenses Revenues Cash Prepaid rent Accounts payable Equipment $8,400 24,000 650 660 200 2,200 Required a. Compute the goods available for sale, the cost of goods sold, and the gross profit for the merchandiser. Hint: Not all information may be necessary b. Use the above information from a service company and from a merchandiser to compute net income a. Goods available for sale Cost of goods sold Gross profit b. Net income for Krug Service Company Net income for Kleiner Merchandising Company