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Homework: Week Four Exercises Chapter co Question 3, S18-7 (similar to) Part 1 of 2 HW Score: 20%, 2 of 10 points Points: 0 of 1 Save Consider the following partially completed income statements for merch (Click the icon to view the Income Statements.) Data table X Rustic Gear Boswell, Inc. Rustic Gear Net Sales Revenue 101,000 6 (d) Net Sales Revenue 101,000 Cost of Goods Sold: Cost of Goods Sold: Beginning Merchandise Inventory 30,000 Beginning Merchandise Inventory Purchases and Freight In 48.000 Purchases and Freight In 48,000 Cost of Goods Available for Cost of Goods Available for Sale Sale 92,000 Ending Merchandise Inventory (2,000) (2,000) Ending Merchandise Inventory (2,000) Cost of Goods Sold 59,000 Cost of Goods Sold 69,000 Gross Profit 42,000 Gross Profit 42,000 116,000 Selling and Administrative Selling and Administrative Expenses Expenses 83,000 13,000 13,000 (9) A Operating Income Operating Income Print Done Clear all Check answer Help me solve this Demodocs example Get more help - MacBook Pro