Hello! I'm having trouble Calculating the profit margin and the gross profit margin. Thats the only thing I need here. Table of content: Problem, Information, previous calculations. Please and thank you!

Problem;

' Your answer is correct. Prepare a statement of income thraugh gross profit for the month of May 2025, MARIGOLD HARDWARE STORE INC. Statement of Income (Partial) Month Ended May 31, 2025 Sales $ | 10476 Cost of Goods Sold | Gross Profit / (Loss) N \f(d) Calculate the profit margin and the gross profit margin. (Assume operating expenses were $1,300 and income tax expense was $330.) (Round answers to 1 decimal place, e.g. 17.5%.) Profit margin % Gross profit margin % A CGEE Cost of Goods Sold