Following are account balances (In millions of dollars) from a recent FedEx annual report, followed by several typical transactions. Assume that the following are account balances on May 31 (end of the prior fiscal year): Account Balance Account Balance Property and equipment (net) $ 13,894 Receivables $1,549 Retained earnings 9,626 other current assets 879 Accounts payable 1,257 Cash 884 Prepaid expenses 108 Spare parts, supplies, and fuel 394 Accrued expenses payable 2,070 other noncurrent liabilities 3,290 Long-term notes payable 1,490 Other current liabilities 1,939 Other noncurrent assets 2,552 Additional Paid-in Capital 607 Common stock ($0.10 par value) 1 These accounts are not necessarily In good order and have normal debitor credit balances. Assume the following transactions (in millions, except for par value) occurred the next fiscal year beginning June 1 (the current year): a. Provided delivery service to customers, who paid $1,390 In cash and owed $24,704 on account. b. Purchased new equipment costing $3,434; signed a long-term note. C. Pald $7,864 cash to rent equipment and alrcraft, with $3,136 for rent this year and the rest for rent next year. d. Spent $864 cash to repair facilities and equipment during the year. e. Collected $24,285 from customers on account. f. Repaid $150 on a long-term note (Ignore Interest). g. Issued 20 million additional shares of $0.10 par value stock for $16 (that's $16 million). h. Pald employees $9,276 for work during the year. 1. Purchased spare parts, supplies, and fuel for the aircraft and equipment for $6,564 cash. J. Used $6,450 In spare parts, supplies, and fuel for the aircraft and equipment during the year. k. Pald $784 on accounts payable. 1. Ordered $88 In spare parts and supplies. 4. Compute the company's net profit margin ratio for the current year ended May 31. (Round your percentage answer to 1 decimal place (I.e., 32.1)). Net profit margin ratio % 3. Prepare an unadjusted Income statement for the current year ended May 31. FEDEX Income Statement (unadjusted) (in millions) 0