help needed:

1. Calculate gross profit margin and current ratio for the business.

The Blue Bullet Music, owned by E. Evergreen, sells instruments. The shop has a June 30, 2020 fiscal year end, uses a perpetual inventory system. On June 1, 2020, the company's trial balance reported the following: Cash Merchandise inventory Supplies Sales Returns and Allowances Sales discounts Land Equipment Accumulated depreciation equipment Accounts payable Interest Payable Unearned revenue Notes payable-Due Dec. 2022 Mortgage Payable-Due 2025 $21,385 64,125 3,750 42,800 13,800 180,000 70,800 13,275 12,650 6,070 4,680 42,000 200,000 E. Evergreen, capital E. Evergreen, drawings Sales Rent revenue Cost of goods sold Advertising expense Salaries expense Rent expense Insurance expense Interest expense Accounts Receivable $58,400 52,800 474,080 1,200 301,010 2.270 68,200 18,150 4,140 1,925 20,000 Transaction for the Month During the last month of the fiscal year, the company had the following transactions: 1. Paid $5000 for rent for the month 2. Borrowed $5,000 cash signing a 6 month Note Payable with 5.5% interest to be paid at the note's maturity 3. Purchased supplies on account for $345. 4. Hired a new employee to be paid $1,600 per week 5. Collected $3,000 of the accounts receivable 6. Owner withdrew $4,800 cash. Adjustment and additional data: 1. A count of supplies on June 30, shows $500 on hand. 2. The Equipment has an estimated 5-year useful life. 3. Of the mortgage payable, $60,000 must be paid on September 30 each year 4. An analysis of the Unearned Revenue account shows that 65% has been earned by June 30. 5. On June 30, services of $25,000 were provided but not recorded. 6. The mortgage payable has a 6% interest rate. Interest is paid on the first day of each month for the previous month's interest. 7. Employees earned $800per day. On June 30, 6 employees were unpaid for 4 days. 8. A 12-month insurance policy was purchase February 1, 2020 for $1,800 9. The telephone bill for the month was for $550, and at the end of the month it was not recorded or paid