Determine the Profit Margin for 2023

Accounts Payable Accounts Receivable Wages Payable Prepaid Expenses Dividends Sales Revenue $7,700 13,400 3,600 1 ,700 2,800 153,650 Notes Payable (due 4/30/24) 1,400 Cost of Goods Sold Loss on Sale of Equipment Inventory Advertising Expense Insurance Expense 58,100 4,900 13,300 4,200 2,800 Rent Expense Equipment Furn iture Notes Payable (due 12/31/25) Accumulated Depreciation Cash Common Stock Goodwill Retained Earnings (1/1/23) Marketable Equity Securities Depreciation Expense unearned Revenue $8,400 30,800 49,000 14,630 36,400 28,000 70,000 19,810 600 14,630 5,900 Determine the Profit Marein for 2023: