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An alphabetical list of Sunland Company adjusted accounts at its fiscal year end, August 31, 2024, follows. All ac balances. Additional information: 1. Of the

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An alphabetical list of Sunland Company adjusted accounts at its fiscal year end, August 31, 2024, follows. All ac balances. Additional information: 1. Of the notes payable, $6,300 becomes due on February 17, 2025. The balance is due in 2026. 2. On July 18,2024 , R. Lewis invested $3,500 cash in the business. Prepare a multiple-step income statement. (Enter negative amounts using either a negative sign preceding the number e parentheses eg. (45).) SUNLAND COMPANY Income Statement Month Ended August 31, 2024 Preoare a statement of owner's equitv. (List item that increases Owner's Eauitv first.) Calculate the gross profit margin and profit margin. (Round answers to 1 decimal place, e.g. 52.7\%.) Gross profit margin % Profit margin \%

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