AP-8A LO 4 The income statement of Raphael Restaurant for 2020 and 2019 shows the following information. 2020 $856,000 Food Sales Revenue Cost of Sales Operating Expenses 2019 $813,000 529,000 203,000 545,000 208,000 Required a) Calculate the gross profit and the net income for both years. 2020 2019 Food Sales Revenue Cost of Sales $856,000 545,000 $813,000 529,000 Operating Expenses 208,000 203,000 b) Calculate the net profit margin for both years. Round your answer to the nearest whole percent. c) In which year does Raphael Restaurant have a better net profit margin? Explain