Lay out, in an easy to understand format, the following information. Sales in 2020$50M,2021$55M,2022$60M; COGS \$30M, \$32M, \$34M respectively, SG\&A \$10M, \$13M, \$16M; Operating Expenses \$7M, \$8M, \$9M 1. Calculate Operating Margin and Operating Profit for each year 11. Calculate Gross Margin and Gross Profit for each year III. Describe how the fortunes of this company have changed from 2020 to 2022, Give a few possible reasons for these changes. Lay out, in an easy to understand format, the following information. Sales in 2020$50M,2021$55M,2022$60M; COGS \$30M, \$32M, \$34M respectively, SG\&A \$10M, \$13M, \$16M; Operating Expenses \$7M, \$8M, \$9M 1. Calculate Operating Margin and Operating Profit for each year 11. Calculate Gross Margin and Gross Profit for each year III. Describe how the fortunes of this company have changed from 2020 to 2022, Give a few possible reasons for these changes