Marigold Limited reports the following information: sales $1.115,000: sales returns and allowances $21,100; sales discounts $18,200, cost of goods sold $662,000; administrative expenses $160,500; selling expenses $111,400; other revenues $25,000; other expenses $34,700; and income tax expense $27.900. Assume Marigold uses a multiple-step income statement Calculate net sales. Net sales $ e Textbook and Media Calculate gross profit. Gross profit $ e Textbook and Media B a ENG 10:00 PM 2020-05-2