000 5.000 Sao 11 125 COD 16.00 65.000 1.200 Hawr com soware cost of goods 300 Dividers declared arco Shares Eumene Karnal & Administrative Expenses home tax free est expense ferestre Loss from disposition of equipment Office equipment Rent expense Retained earnings Sales revenue Selling Prenses 11.00 1,000 299,000 12.000 200C 1.509,050 3.750 ou 3,000 JOOX 50,65 Retained and Sales reven Selling Expenses Wages expense nearned Reven Utilities Exterie Totals 256.00 50.800 Soda 51.755,650 51.755,650 Required: AJ Calculate the 2020 Gross Margin Percentage. Include two decimal points in your answer. Show your work including the formula you are using. (2 marks) B) Assume the Gross Margin Percentage for the year ended December 31, 2019 was 45% and the net income for that year was $105,000. Compare the 2020 results to 2019 and comment on whether the differences were favorable or unfavorable. 12 marks) C) Compute the basic earnings per share for the year ended December 31, 2020. (1 mark) 000 5.000 Sao 11 125 COD 16.00 65.000 1.200 Hawr com soware cost of goods 300 Dividers declared arco Shares Eumene Karnal & Administrative Expenses home tax free est expense ferestre Loss from disposition of equipment Office equipment Rent expense Retained earnings Sales revenue Selling Prenses 11.00 1,000 299,000 12.000 200C 1.509,050 3.750 ou 3,000 JOOX 50,65 Retained and Sales reven Selling Expenses Wages expense nearned Reven Utilities Exterie Totals 256.00 50.800 Soda 51.755,650 51.755,650 Required: AJ Calculate the 2020 Gross Margin Percentage. Include two decimal points in your answer. Show your work including the formula you are using. (2 marks) B) Assume the Gross Margin Percentage for the year ended December 31, 2019 was 45% and the net income for that year was $105,000. Compare the 2020 results to 2019 and comment on whether the differences were favorable or unfavorable. 12 marks) C) Compute the basic earnings per share for the year ended December 31, 2020. (1 mark)