Prepare a multiple-step income statement for Sunmaster Co. from the following data for the year ended December 31, 2016. Sales, $915,000; Cost of Merchandise Solid, $670,000; Administrative Expenses $30,000; Interest Expense, $12,000; Selling Expenses, $110,000. What is the Gross Profit Margin for Sunmaster? Revenue: Operating Expenses; Total Operating Expenses