Amounts are in thousands of dollars (except number of shares and price per share): Kiwi Fruit Company Balance Sheet Cash and equivalents Operating assets Property, plant, and equipment Other assets Total assets $ 340 690 2,700 130 $ 3,860 Current liabilities Long-term debt Other liabilities Total liabilities Paid in capital Retained earnings Total equity Total liabilities and equity $ 920 1,030 140 $ 2,090 $ 360 1,410 $ 1,770 $ 3,860 Kiwi Fruit Company Income Statement Net sales $ 8,400 Cost of goods sold (6,500) Gross profit $ 1,900 Operating expense (830) Operating income $ 1,070 Other income 125 Net interest expense (200) Pretax income Income tax (215) Net income $ 780 995 $ Earnings per share Shares outstanding Recent price 2.50 312,000 28.00 $ Kiwi Fruit Company Cash Flow Statement Net income $ 780 Depreciation and amortization 223 Increase in operating assets (105) Decrease in current liabilities (128) Operating cash flow $ 770 $ 165 Net (purchase) sale of property Increase in other assets Investing cash flow (84) $ 81 Net (redemption) issuance of LTD Dividends paid Financing cash flow Net cash increase $ (182) (161) $ (343) $ 508 Calculate the gross and operating margins for Kiwi Fruit. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) olo Gross margin Operating margin