Mburante December 2010 CF ACE LOC Aroon Amaran 1.000 192090 ch 0.000 Cross Compare Omer Saw Kot of goods bivere common 582.500 15 125.000 10.10 6 God 11.00 taulanen O seminare come tax expense este Interestre LOS Trondission of ecument orice culment Rent expense Het ned eam Food 229.000 400 1.509.650 STER 9.730 100 17.00 Dewan ESP Strone W. Expense nearned Utes En Totals 250 25. 50.000 5.000 51.255.659 55.255.650 Required: A) Calculate the 2020 Gross Marpin Percentage. Include two decimal points in your answer. Show your work indeling the formula you are using (2 marks) B) Assume the Gross Margin Percentage for the year ended December 31, 2019 was 45% and the net income for that year was $105,000. Compare the 2020 results to 2019 and comment on whether the differences were favorable or unfavorable marks) C) Compute the basic earnings per share for the year ended December 31, 2020. [1 mark) Mburante December 2010 CF ACE LOC Aroon Amaran 1.000 192090 ch 0.000 Cross Compare Omer Saw Kot of goods bivere common 582.500 15 125.000 10.10 6 God 11.00 taulanen O seminare come tax expense este Interestre LOS Trondission of ecument orice culment Rent expense Het ned eam Food 229.000 400 1.509.650 STER 9.730 100 17.00 Dewan ESP Strone W. Expense nearned Utes En Totals 250 25. 50.000 5.000 51.255.659 55.255.650 Required: A) Calculate the 2020 Gross Marpin Percentage. Include two decimal points in your answer. Show your work indeling the formula you are using (2 marks) B) Assume the Gross Margin Percentage for the year ended December 31, 2019 was 45% and the net income for that year was $105,000. Compare the 2020 results to 2019 and comment on whether the differences were favorable or unfavorable marks) C) Compute the basic earnings per share for the year ended December 31, 2020. [1 mark)