03/MOA-103, FAF/Intr... / Week 5- Graded A ASSIGNMENT Week 5- Graded Assignment Income Statement To do: Make a submission Opened: Sunday, 17 July 2022, 12:00 AM Due: Sunday, 2 October 2022, 11:59 PM This assignment is based on Textbook Exercise- M3-21 (Equilibrium Riding, Inc.) . 131. Based on the information provided, you are equired to: 1. Prepare an Income Statement for the year ending December 31; 2. Calculate the Net Profit Margin; and 3. Briefly explain what the profit margin means.