E5.9 (LO5) Presented below is information for Bach Chocolatiers for the month of March 2020. Rent expense Cost of goods sold Freight-out Insurance expense Salaries and wages expense 212,000 9,000 7,000 58,000 Sales discounts Sales returns and allowances Sales revenue Other comprehensive income 32,000 7,400 13,000 380,000 2,200 Instructions a. Prepare an income statement. b. Prepare a comprehensive income statement. c. Compute the gross profit rate