An alphabetical list of Oriole company adjusted account at its fiscal year end, August 31,2024, follows .All account have normal balances.

Account Payable $15570

Accumulated depreciation-equipment 14000

Accumulated depreciation-furniture 17500

Cash 22665

Cost of goods sold 277800

Depreciation expense 7060

Equipment 35000

Furniture 42000

Insurance expense 3575

Interest expense 3355

Interest payable 585

Merchandise Inventory 71350

Notes payable 42000

Prepaid Insurance 575

R.Brown Capital 65750

R.Brown drawing 78000

Rent expense 24200

Salaries expense 50400

Salaries payable 2250

Sales 475000

Sales return and allowances 12000

Supplies 950

Supplies expense 6325

Unearned revenue 2600

Additional Information

1. Of the notes payable, $6200 becomes due on February 17,2025. The balance is due in 2026

2. On July 18,2024, R Brown invested $3500 cash in business.

Prepare a multiple income statement

Prepare a statement of owner's equity

Prepare a classified balance sheet : Asset /Liabilities and Owner's equity

Calculate the gross profit margin and profit margin (Round answers to 1 decimal place)

Gross profit margin:

Profit Margin: