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Normal A v No Spacing Triton Company Income Statement For the Year Ended Dec 31, 2019 $ Net Sales Cost of Goods Sold Gross Profit Selling Expense Travel Expense Admin Expense Rent Expense Net Operating Income Interest Expense Income Before Tax Income Tax Expense Net Income 450,000 265,000 185,000 62,000 16,000 32,000 18,000 57,000 9,500 47,500 14,250 33,250 $ ed States) References Mailings Review View Tell me Aa 21 cDd AaBbCcDdB AaBbCcDc ABCcDdE e. Av Normal No Spacing Heading 1 Heading 2 I. Compute the Current Ratio (round to TWO decimal places) 2. Compute the Net Profit Margin (round as a percent to TWO decimal places) Triton Company Balance Sheet At December 31, 2019 Assets Cash Net Accounts Receivable Inventory Supplies Prepaid Rent Total Current Assets Land Building Equipment Accumulated Deprecation Total Assets 12,000 39,000 20,000 8,000 10,000 89,000 110,000 150,000 85,000 (42.000 392,000 $ Uabilities Accounts Payable Deferred Revenue Total Current Liabilities Notes Payable Total Liabilities 10,000 23,000 33.000 80,000 113,000 S Equity Common Stock Retained Earnings Total Equity Total Liabilities and Equity 250,000 29,000 279.000 392.000 $ d States) Foc MacBook Pio