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The following is a listing of all of the income statement accounts for Mulberry Street Sportswear as they appear on the adjusted trial balance as of December 31. Advertising Expense $ 11,400 Cost of Goods Sold 87,100 Delivery Expense 5,300 Insurance Expense 1,000 Income Tax Expense 5,600 Rent Expense 11,100 Interest Expense 1,200 Sales Revenue 160,300 Sales Discounts 10,800 Sales Returns & Allowances 18,400 Required: a. Prepare a mult step income statement. Include all operating expenses in one line item called "Seling, General and Administrative Expenses" and all non-operating revenues(expenses) in one line item called "Other Revenue (Expenses), net". b. Compute the gross profit percentage. Complete this question by entering your answers in the tabs below. Required A Required B Prepare a multistep Income statement. Include all operating expenses in one line item called "Selling, General and Administrative Expenses and all non-operating revenues(expenses) in one line item called "Other Revenue (Expenses), net". MULBERRY STREET SPORTSWEAR Income Statement