11.000 (c) Prepare MultiStep Income Statement Harry Haberdashery is a retail clothing store for men. The store operates out of a red building in Albertville, Virginia. Shown below is the site's adjusted year-end trial balance dated December 31, 2025. HARRY'S HABERDASHERY ADJUSTED TRIAL BALANCE DECEMBER 31,20XS $19.25 Account Real 32,300 Merchandivory 14,150 Prepaid rent 1,650 office supplies 700 efits 31.000 Accumulated derection office equipment 10 000 Accounts payable Sales tax pay 2.800 Capital Stock 16 000 Ruained angs 18,450 Sales Revenue 187 500 Sale rlurns and allowances 1,600 Colof goods sold 74 815 utitties office supply 800 Depreciation expense: office equipment 2.100 6.000 Insurance expense 900 50.000 Income tax expense 6.500 245,750 245,750 2.000 i.) Prepare an income statement for Harry's Habardashery dated December 31, 20%. HARRY HABERDASHERY INCOME STATEMENT FOR MONTH ENDED DEC. 31, 20x5 > > > ii.) Compute the site's proftrate as a percentage of net sales. (Round wer to 2 decimal places, . 52.75.) Gross profitate Click if you would like to Show Work for this question: Dean Show Wark