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What is income for a merchandising company with the following data? $55000 $1100 Sales revenue Utilities Inventory on Dec. 31st $9715 Inventory on Jan 1

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What is income for a merchandising company with the following data? $55000 $1100 Sales revenue Utilities Inventory on Dec. 31st $9715 Inventory on Jan 1 1 Rent for shop Sales commissions Purchases of Merchandise 36328 $12000 $3017 $4300 Input your answers without dollar signs or commas. You Answered 12540.0000 Correct Answer 7970.0

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