An alphabetical list of Carla Vista Company adjusted accounts at its fiscal year end, August $31,2024,$ follows. All accounts have normal balances.Accounts payable$$15,500$Notes payable$$42,000$Accumulated depreciation$-$equipment$14,000$Prepaid insurance$575$Accumulated depreciation$-$furniture$17,500$R$.$ Lee, capital$65,750$Cash$11,370$R$.$ Lee, drawings$80,000$Cost of goods sold$270,115$Rent expense$24\mathrm{.}600$Depreciation expense$7,000$Salaries expense$50,100$Equipment$35\mathrm{.}000$Salaries payable$2,250$Furniture$42,000$Sales$465,000$Insurance expense$3,575$Sales returns and allowances$20,000$Interest expense$3,185$Supplies$950$Interest payable$545$Supplies expense$6,325$Merchandise inventory$70,350$Unearned revenue$2,600-2\backslash$deg CMostly cloudyAdditional information:$1,$ Of the notes payable, $$6,500$ becomes due on February $17,2025.$ The balance is due in $2026\mathrm{.}2.$ On July $18,2024,$ R$.$ Lee invested $$4,100$ cash in the business.

Questions $-$

$1.$ Prepare a multiple step income statement

$2.$prepare a statement of owners equity $($listitwm tayt increases owners equity first$)$

$3.$ Prepare a classified balance sheet $($list current assets in order if liquidity. List property, plant, and equipment in order of equipment and furniture$)$

$4.$ Calculate the gross profit margin and profit margin $($round answers to $1$ decimal place eg$.52\mathrm{.}7\%)$