MyBnB started a home rental company on January 1. As of November 30, MyBnB reported the following balances. The company does not yet have a balance in Retained Earnings because this is its first year of operations so no net income has been reported in prior years. Accounts Payable Cash Cleaning Expense Common Stock Equipment $ 750 2,500 2,250 7,500 Repairs Expense Service Revenue Hages Expense $ 6,000 500 5,000 2,000 E3-20 (Algo) Part 6 6. Based on the financial statements prepared in requirement 5, determine whether the owner met her 10 percent net profit margin goal as of December 31. (Round your answer to 1 decimal place.) Answer is complete but not entirely correct. Net profit margin 5.0%