uestion $9($Mandatory$)(0\mathrm{.}5$ points$)$

$$

Saved

Hilda owns a liquor store in Queens, New York. During this holiday season happily, her sales were quite steady. Last week she purchased $$10,000$ worth of fine wine and sold all of it for $$25,000.$ So in accounting terms the amount of $$10,000$ is referred to as which of the following terms?

Question $9$ options:

Cash Flow

Retained Earnings

Depreciation Expenses

Gross Profit

Operating Expenses

Cost of Goods Sold

Ironically, none of the available choices are correct

Inventory