A partial income statement for Jane Coporation for 2019 and 2018 shows the following information.

Take me to the text A partial income statement for Jane Coporation for 2019 and 2018 shows the following information. 2019 2018 Sales $846,000 $913,000 Cost of Goods Sold $475,000 $452,000 Operating Expenses $199,000 $183,000 a) Calculate the gross profit and net income for both years. Do not enter dollar signs or commas in the input boxes. 2018 2019 Gross Profit $ 371000 Net Income $ 172000 461000 278000 b) Calculate the gross profit margin and net profit margin for both years. Round all answers to 1 decimal place. 2019 2018 Gross Profit Margin % % Net Profit Margin % % Check