COMPLETE THIS] Week 11 Lesson - Accounting Basics Imagine you own an organic t-shirt company. Your t-shirts are made with 100% organic cotton from Peru. Last month your revenue was $29,000 your cost of goods sold was $2,000 ov have two full-time employees who each make $5,100 a month and a part time employee who earns $2,100. In addition, last month you paid $1800 in advertising $100 in insurance $500 for utilities, and allocated $450 in depreciation. Here are some formulas to help: Revenue Cost of Goods Sold Gross Profit Salaries Utilities + Advertising + Insurance + Depreciation Total Operating Expenses Gross Profit-Total Operating Expenses - Net Profit Please calculate the company's gross profit, total operating expenses and net profit (show how you calculated this). Then answer the following question: Did the company do well last month from a financial perspective? Why or why not? If someone else wants to buy the company, what other information may they want to see