Assume the average cost of computer equipment fell 20.5 percent between 2016 and 2017. Let's see whether these changes are reflected in the income statement of Computer Tycoon Inc. for the year ended December 31, 2017. Required: 1-a. Compute the gross profit percentage for each year. (Round your answers to 1 decimal place.) 2-a. Compute the net profit margin for each year. (Round your answers to 1 decimal place.) 2-b. Not available in Connect. 3-a. Computer Tycoon reported average net fixed assets of $55,200 in 2017 and $49,100 in 2016 . Compute the fixed asset turnover ratios for both years. (Round your answers to 2 decimal places.)