3. A local boutique store has the following financial data from last year available: sales or revenue at $500,000, operating expenses' percentage at 30%, and operating profit at 15%. For this year, sales are expected to increase 18.0% while COGS $ is also expected to increase 15% from last year's COGS $ figure due to increasing shipping container cost from overseas. The store's operating expenses ($) is expected to increase 5% from last year's $ figure due to covid related matter. (6 points) A. Layout the store's P&L statements of This Year and Last Year side by side and solve all P&L elements. Show how with B. Compare the store's operating profit $ and % between the two years C. Apply bps points to describe the store's gross margin % and operating profit % change.