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During the current year, merchandise is sold for $8.970,000. The cost of the goods sold is $6,189,300. This information has been collected in the Microsoft

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During the current year, merchandise is sold for $8.970,000. The cost of the goods sold is $6,189,300. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. X Open spreadsheet a. What is the amount of the gross profit? Round your answer to the nearest dollar 5 b. Compute the gross profit percentage (gross profit divided by sales). Round your answer to the nearest whole number. % c. Will the income statement always report a operating income

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