Emma's Alterations Adjusted Trial Balance Year Ended December 31, 2019 Debit Credit Cash $603,538 Accounts Receivable 51,689 199,430 Equipment Merchandise Inventory Accounts Payable 172,744 $237,893 502,200 Common Stock Silles 400,993 Interest Revenue 100,976 Rent Revenue 65,500 Sales Salaries Expense Office Supplies Expense 28,250 5,903 Sales Discounts 61,347 3,570 Interest Expense Sales Returns and Allowances Cost of Goods Sold 55,432 91,300 Rent Expense 10,500 Check My Work o EN 78 A. Use the data provided to compute net sales for 2019. B. Compute the gross margin for 2019. C. Compute the gross profit margin ratio (rounded to nearest hundredth). D. Prepare a simple income statement for the year ended December 31, 2019. Emma's Alterations Simple Income Statement For Year Ended December 31, 2019 Revenues: Total Revenues Expenses: Check My Work EN 790 Interest Revenue Total Revenues 450,690 Expenses: Cost of Goods Sold 91,300 Total Selling Expenses nii Total General and Administrative Expenses Interest Expense Total Expenses II Feedback Check My Work D. Only two types of accounts appear in an income statement. E. Prepare a multi-step income statement for the year ended December 31, 2019 Emma's Alterations Multi-step Income Statement For Year Ended December 31, 2019 si Check My Work EN 78F Mostly d E. Prepare a multi-step income statement for the year ended December 31, 2019. Emma's Alterations Multi-step Income Statement For Year Ended December 31, 2019 ID)