An alphabetical list of Ivanhoe Company adjusted accounts at its fiscal year end, August 31, 2024, follows. All accounts have normalbalances. 1. Of the notes payable, $6,100 becomes due on February 17, 2025. The balance is due in 2026. 2. On July 18,2024,R. Martin invested $4,500 cash in the business. Prepare a multiple-step income statement. (Enter negative amounts using elther a negative slgn preceding the number eg 45 or parentheses es. (45).) IVANHOE COMIPANY Statement of Owner's Equity Year Ended August 31,2024 R. Martin, Capital September 1, 2023 Investments 5 Protit / (Loss) for the Vear R. Marma Canital Aurist 31 : ;ou4 Prepare a classified balance sheet. (thst Current Asets in order of llquidity Ust Property. Plant, and Equlpment in order of Equaloment end Fumlture.) Property, Plant, and Equioment Equipment 5 Less v: Accumalated Depreciation-Furniture. 5 Liabilities and Owner's Equity Llabllities and Owner's Equlty Calculate the gross profit margin and profit margin. (Round answers to 1 decimal place, eg. 52.7\%) Gross profit margin Profit margin % %