3. The following data are from a local boutique. Please complete the following tasked based on the data: A. Find out the total reduction occurred (\$ and \%); total cost of goods \$ B. set up and complete an expanded P&L Statement ( $ and \%) for the boutique. Provide formulas for each of your calculation on the right side of the table; and C. Find out the IMU\% for first pricing. Net sales =$500,000.00 markdowns =15% Return and employee discount =2.0% Shortages =2.5%, Invoice =$230,000.00 Transportation =$30,000 Alteration =$20,000.00 Cash discount =$10,000 Operating Expenses =28%