No Transaction General Journal Debit Credit 1 02/01 Rent expense 350 Cash 350 2 02/04 Cash 950 Deferred revenue 950 3 02/07 Cash 1,050 Transport revenue 1,050 4 02/10 Wages expense 2,700 Cash 2,700 5 02/14 Advertising expense 250 Cash 250 6 02/18 Cash 1,250 Accounts receivable 2,700 Transport revenue 3,950 7 02/25 Parts supplies 1,500 Accounts payable 1,500

find net income and Calculate the net profit margin expressed as a percent. (Round your answer to one decimal place.)