Salma's Spices Imports Spices from All of the World

Salma's Spices imports spices from all of the world.Salma repackages them in glass bottles of various designs.She has one wall on which she displays all of the spices alphabetically in matching bottles.She also has tables on which she groups spices from different regions so cooks do not have to search throughout the store from them.In addition to spices,she sells regional cookbooks and displays them with the spices.Some of the cookbooks are imported from the country of origin and in the original language,others are purchased in the United States and printed in English.When she knows a particular recipe calls for a unique cooking dish or utensil,she purchases these and displays them with the cookbooks and spices.When Salma imports spices and cookbooks she pays an import facilitator to handle all of the importing paperwork,pick up the goods,and pay any fees that may be due.Salma is required to reimburse the company for the fees.Salma's shop is on a main street in the older part of her city but the area is frequented by tourists.She pays monthly rent and utilities,and pays for a business license,security system,cleaning service,accounting service,all store supplies and display materials,and has two employees.Her monthly profit is about $10,000.On an income statement,where would the spice jars,spices,cookbooks,utensils and cooking dishes be found?

A) Revenues
B) Cost of goods sold
C) Operating expenses
D) Net income