How do i get the formula for Gross profit, net income, and gross profit percentage?

849 1 2 4 5 6 7 8 9 10 11 12 13 14 15 116 17 18 19 20 21 22 23 24 25 26 27 28 D Noodles Unlimited, Inc. sells swimming pool toys. The following adjusted trial balance is for the year ended December 31. Account Titles Cash Accounts Receivable Invento Prepaid Rent Equipment Accumulated Depreciation Accounts Payable Unearned Fees Long-term Notes Payable Common Stock Sales Revenue Sales Returns and Allowances Sales Discounts Cost of Goods Sold Salaries and Wages Expense Depreciation Expense Rent Expense Interest Expense Loss on Sale of Equipment Totals Required: Debits $37,500 28,600 43,300 2,000 69,000 4,700 6,000 67,700 25,900 13,800 24,000 1,600 7,700 $331,800 Credits $20,700 8,800 20,000 75,000 31,800 175,500 $331,800 1. Prepare a multi-step income statement that would be used for internal reporting purposes. a Graded Worksheet Workbook Statistics