E5.12 Prepare multi-step income statement and calculate profitability ratios. In its income statement for the year ended December 31, 2025, Darren Company reported the following condensed data. Instructions a. Prepare a multiple-step income statement. b. Calculate the profit margin and gross profit rate. c. In 2024, Darren had a profit margin of 5%. Is the decline in 2025 a cause for concern? (Ignore income tax effects.) NOTE: Enter a formula, a cell reference, or a value (if you are unable to reference a 24 cell), into the yellow shaded input cells