Need help solving. Two part.

Assume that an index of key business ratios in your library shows hardware stores of Claypool's approximate size (in total assets) average net sales of SI million per year and a gross profit margin of 25 percent. Is Claypool able to pass its extra transportation costs on to its customers? Does the business appear to suffer or benefit financially from its remote location? Explain your reasoning and sup- port your conclusions with specific accounting data comparing the operations of Claypool Hard- ware with the industry averages. Hendry's Boutique is a retail clothing store for women, The store operates out of a rented build- ng in Storm Lake, lowa. Shown below is the store's adjusted year-end trial balance dated 31, 2015. HENDRY'S BOUTIQUE ADJUSTED TRIAL BALANCE DECEMBER 31, 2015 Company's 15,200 *...2,600 1,800 900 Accumulated depreciation: office equipment. Sales taxes payable. Capital stock.. Retained earnings Sales Sales returns and allowances 12,000 12,750 3,200 18,000 21,050 226,000 2,500 250 4,120 520 2,750 6,100 900 Utilities expense... Salaries expense .190 $293.00-000 $293,000 $293,000 Instructions a. Prepare an income statement for Hendry's Boutique dated December 31, 2015. b. Compute the store's gross profit margin as a percentage of net sales e. Do the stores customers seem to be satisfied with their purchases? Defend your