For the year ended December 31, 2020, Crismon hotel. has the following information on its Income sheet.

Description	Amount
Operating Expenses	$ 20,000.00
Sales Returns	$ 4,000.00
Gross Sales	$ 80,000.00
Income taxes	$ 3,000.00
Sales Discounts	$ 2, 000.00
Cost of goods sold	$ 20,000.00

Calculate the following for the business.

a) The Gross Profit

b) The Net Income before Taxes

c) The Net Income after Taxes

d) The Return on Sales