Exercise 2 Tantramar Shipbuilding Company had the following information available at its year end September 30, 2017. Accounts are listed in alphabetical order for the convenience of the bookkeeper Advertising Expense.... Cost of Goods Sold..476,500 Depreciation Expense.. Freight-out. Interest Revenue.... 15,000 41,000 7,500 .11,000 Office Salaries Expense. Office Supplies. Office Supplies Expens Sales Sales Discounts Sales Returns & Allowances. 65,000 6,000 7,500 ..750,000 12,800 Instructions a) b) c) d) e) Calculate the gross profit margin for Tantramar. Calculate the profit from operations for Tantramar Calculate the profit margin for Tantramar. List three actions which Tantramar could take to increase its profit margin. If last year's gross profit margin was 39%, comment on the company's results this year