Match the financial statement line item with the appropriate description. Drag and drop application. Inventory Inventory drop zone empty. Sales Revenue Sales Revenue drop zone empty. Cost of Goods Sold Cost of Goods Sold drop zone empty. Gross Profit Gross Profit drop zone empty. A subtotal on the income statement and is the amount earned from adding value to the inventory sold Current asset on the balance sheet available for sale Cost times the quantity sold Selling price times the quantity sold