5) The following information is available for Sheldon Corporation: Instructions: Compute each of the following: (a) Net sales (b) Gross margin (in dollars) (c) Income from operations (d) Gross profit margin ratio (a percentage, using Net Sales as your base of 100% ) 7) Using the following, prepare a bank reconciliation for Samtani Co. for June 30, 2022 , including a proper three-line heading (please use the two-column example shown in Figure 8.6 of the text as your guide): a) The bank statement balance is $4,010 b) The cash account balance is $4,207 c) Outstanding checks amounted to $517 d) Deposits in transit are $633 e) The bank service charge is $45 f) A check for $84 for supplies was recorded as $48 in the ledger (an error in recording)