Please complete only this part: and tell how to get the numbers.

Q2) In 2020, Wisconsin Snow Care Inc. (WSC), a hardware retail company, sold 4,000 units of a snow blower at an average price of $500/unit. Each snow blower was purchased by WSC from a manufacturer at $250/unit. Operating expenses (including depreciation) for WSC in 2020 were $500,000. WSC made an interest payment of $200,000 to the bank. Finally, WSC's tax rate was 25%. a) Calculate WSC's gross profit, operating income, earnings before taxes (EBT), and Net Income (after taxes). (4 pts.) 2020 Revenue $ _2,000,000 Cost of goods sold $ 1,000,000 Gross profit $ _1,000,000 Operating expenses (incl. depreciation) $ $ 500,000 Operating income $ 500,000 Interest expense $ 200,000 Page 2 of 7 EBT $ 300,000 Taxes $ _75,000 Net income $ 225,000 b) What was WSC's gross and net profit margins, in percentage, for the year? (2 pts) Gross profit margin: 50 % Net profit margin: _11__% Revenue-COGS/Revenue Revenue-(COGS+OperatingCost)/Revenue c) Complete the inventory table below, if the value of WSC's beginning inventory in 2019 was $1,000,000, (4 pts.), purchases in 2019 was 3,400 units; the Dollar value of beginning inventory in 2020 was $1,250,000; and ending inventory in 2020 was 1,200 units (each missing value is worth 0.25 points, total 3 pts.) 2019 2020 Beginning inventory .4,000.... units $1,000,000 ...5,000........ units $1,250,000 Purchases (additions to inventory) 3,400 units $ ...850,000....... units $ Sales (removals from inventory) ...2,400........ units $ ...600,000....... ...3,800........ $ units ...950,000....... Ending inventory ...5,000....... $ units ...1,250,000....... 1,200 units $ ...300,000